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While the old systems competition took place with closed borders, globalisation has brought about a new type of systems competition that is driven by the mobility of factors of production. The new systems competition will likely imply the erosion of the European welfare state, induce a race to...
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, global patterns of regulation in these industries tend toward dispersion rather than conversion either upward or downward …
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Regulatory competition is often believed to be a hard fact of the post globalization era. Legal systems have to be economically "attractive" – and thus law makers must work to achieve this purpose. However, this view – as simple and seductive as it is – is not sound. Indeed a quick...
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This paper examines the economic effects and outcome under mobile phone subsidy competition by a simple Hotelling location model. The results show that i) MNOs still can enjoy a positive profit even with severe subsidy competition unless MNO-level differentiation goes away, ii) the size of...
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As formal trade and investment barriers fall, government regulations - what once were domestic policy matters - become issues of international concern. International commerce creates the potential for competition among regulatory jurisdictions. This article explains why there is variation in...
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implemented, the reform would roll back land-use planning regulation, so that supermarket businesses enjoy greater freedom to … freer to site out of designated town centres contrary to a hierarchy of centres planning policy. With planning regulation … reduced, the check on this greater freedom to site would be competition regulation, such as regulation of site acquisitions …
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