The debate over international trade has long pitted “free trade” advocates against those who argue that particular reasons support trade restraints. The newest argument is that open trade leads to a “race to the bottom” in the regulation of health, safety, welfare, and especially labor and...

The debate over international trade has long pitted free trade advocates against those who argue that particular reasons support trade restraints. The newest argument is that open trade leads to a race to the bottom in the regulation of health, safety, welfare, and especially labor and...

The competitive experiment in the US telecommunications industry has been characterized by asymmetric regulation, by which is meant a non-uniformity in the rules that apply to marketplace entrants vis-à-vis the market incumbent. Two distinct stages of asymmetric regulation can be identified...