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In contrast to financial arbitrage, which causes prices of economically equivalent transactions to converge in the direction of one price, regulatory arbitrage does not lead to such price convergence. In contrast, regulatory arbitrage tends to produce two different prices for economically...
Persistent link: https://www.econbiz.de/10012869811
This paper, an edited and footnoted transcript of a presentation at a research Centre of Excellence at Hokkaido University, looks at the influence of “responsive regulation” theory on the large-scale “Australian Consumer Law” reforms enacted in 2010. It outlines some frameworks developed...
Persistent link: https://www.econbiz.de/10013130710
Technological advances in data collection and information processing makes it possible to tailor legal norms to specific individuals and achieve an unprecedented degree of regulatory precision. However, the benefits of such a “personalized law” must not be confounded with the false promise...
Persistent link: https://www.econbiz.de/10012846029
“Code is law” refers to the idea that, with the advent of digital technology, code has progressively established itself as the predominant way to regulate the behavior of Internet users. Yet, while computer code can enforce rules more efficiently than legal code, it also comes with a series...
Persistent link: https://www.econbiz.de/10012930931
The protection afforded to franchisees differs widely across the world. Nations with economically strong franchise sectors typically regulate the contract’s bargaining phase and post-formation. Responding to the European Parliament’s call for a review of regulations governing Europe’s...
Persistent link: https://www.econbiz.de/10013214733
Over the last few years, the right to regulate has evolved from a rather inconspicuous, mistrusted concept to a necessary component of international investment agreements. This brief study offers a complementary account of the right to regulate compared to the author’s treatment of the topic a...
Persistent link: https://www.econbiz.de/10013296330
Persistent link: https://www.econbiz.de/10013023742
The opinion of the Supreme Court of the United States in United States v. Windsor is express in its affirmation of the right of states to regulate family law; it affirms state power at least twenty-nine times. In repudiating the federal definition of marriage, Windsor seems to uphold state...
Persistent link: https://www.econbiz.de/10013051550
This Essay examines the possible effect the Supreme Court's landmark Second Amendment ruling in Heller will have on future cases brought under the Free Press Clause. Based on the text and history of the Constitution, the connection between the two Clauses is undeniable, as the Heller Court...
Persistent link: https://www.econbiz.de/10014216805
The paper analyses the proposed Common European Sales Law (hereinafter ‘CESL’) and in particular the provisions on seller’s obligation and consumer’s remedies in case of non-performance. The Author explores the provisions of the CELS taking into account the rules of Consumer Sales and...
Persistent link: https://www.econbiz.de/10014162339