The Max Planck Institute is a research institute within the Max Planck Society For The Promotion Of Science, but does not undertake teaching or legal training.
Research at the Max Planck Institute for Intellectual Property, Competition and Tax Law is dedicated to central aspects of our economic system. With its doctrinal expertise in these areas of law and an em-phasis on comparative analysis, taking the economic and technological aspects of the law into account, the Institute contributes to answering basic legal ques-tions and provides impulses for future legal devel-opment on national, European and international levels.
Works of art, literature and science, inventions in every technical area, and the proper communication of market-relevant information have a lasting impact on cultural and economic development in a market economy. The protection of this subject matter is the objective of intellectual property law (in particular copyright, patent and trademark law).
The economic order, drafted in the liberal social spirit, has its central safeguard in competition law. Competition law protects the free and self-determined action of all players against unfair prac-tices and restrictions of competition. It creates the necessary conditions for an efficient market and a balanced distribution of wealth.
An important component of commercial communica-tion is the field of accounting of enterprises. The regulation of accounting standards serves as the legal basis for the functioning of capital markets and for the accountability of company management to their shareholders and of companies to their creditors.
A country´s fiscal constitution is decisive not only for the state´s power to intervene but also for the market conditions of economic agents. Against the background of international "competition among tax systems," the construction of national and transna-tional tax regulations - to assess profits or to levy taxes, for example - is among the most important tasks of economic and political legislation.
Max-Planck-Institut für ausländisches und internationales Patent-, Urheber- und Wettbewerbsrecht