Market participant exception

{
  "id": "MLC-T-LAW-003167",
  "term": "Market participant exception",
  "field": "Law",
  "definition": "A legal doctrine that allows state and local governments to favor their own residents or businesses when acting as a buyer or seller in the marketplace, without violating the dormant Commerce Clause. This exception applies when the government is acting as a private economic actor rather than as a market regulator. For example, a state may require contractors on state-funded projects to hire a certain percentage of in-state workers.",
  "url": "https://mlchart.com/terminology/law/market-participant-exception/"
}