Nicolaïdes, Phedon A.; Preziosi, Nadir - In: Intereconomics : review of European economic policy 49 (2014) 5, pp. 279-287
This paper assesses the effectiveness of the Meroni doctrine in the light of the recent judgment in the ESMA case. The first part explains in detail the problem of delegation of powers in the EU from the perspective of the principal-agent theory and complements it with the analysis of the...