The U.S. Securities and Exchange Commission seeks to regulate non-U.S. domiciled financial firms when U.S. investors' interests are affected. In 2010, in Morrison v. National Australia Bank, the U.S. Supreme Court narrowed the circumstances when extraterritorial regulation is appropriate....

The theories of natural market structures have been well known in economics for a long time. In this paper, a framework for such natural market structures is developed, where natural monopoly, natural oligopoly, perfect competition and monopolistic competition are special cases. The paper...

CSR tends to be viewed through a variety of lenses many of which are incompatible if not contradictory. A lens which brings together all important understandings of CSR and best describes it is regulatory. New thinking in regulation, termed regulatory coherence, clarifies the nature of...

The panel and the Appellate Body have recently examined one of the national tobacco control measures (US – Measures Affecting the Productions and Sale of Clove Cigarettes). The dispute, which emerged between the United States and Indonesia, concerned the US ban on the use of certain flavouring...

State capitalism is reemerging today. Some governments, notably newly emerging economies such as China and Russia and oil producing countries in the Middle East are placing much emphasis on state-led economic development, and they are making much use of state-owned enterprises (SOEs) to achieve...

Private-sector standards are the standards developed and adopted by different types of private entities such as industry associations, NGOs, large retailers and commercial companies. Nowadays, these standards are widely applied on a voluntary basis by main market players in developed and some...

The obligations of non-discrimination in international economic law hinge upon the question of what constitutes ‘like products'. It is not clear that it is appropriate to transpose the competition-oriented approach to product likeness or substitutability under Article III of GATT to other...

Cloud computing is growing, and it is growing fast. But it is not new, and its roots are as old as computing itself – with significant history going back to the 1950s. However, because of the rapid growth of cloud computing, many regulatory authorities believe that it should be regulated and...

There has been an explosive growth of free trade agreements (FTAs) in recent years. The World Trade Report 2011 of the World Trade Organization (WTO) shows Asian members to be among the most active in signing preferential trade agreements. This unprecedented growth has attracted much academic...