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Two models of regulatory competition are contrasted, one based on a US pattern of Ôcompetitive federalismÕ, the other a European conception of Ôreflexive harmonisationÕ. In the European context, harmonization of corporate and labour law, contrary to its critics, has been a force for the...
Persistent link: https://www.econbiz.de/10005687976
This paper considers the implications for regulatory competition of the recent judgment of the European Court of Justice in Laval. This case is potentially the most important decision on European labour law for a generation. The Court has greatly extended the scope for judicial review of...
Persistent link: https://www.econbiz.de/10005687990
The harmonisation of company law in Europe has done little to remove diversity in the legal systems of the member states. The impact of directives has been significant in certain areas, such as basic accounting standards and the rules of capital maintenance. Nevertheless, the continuing...
Persistent link: https://www.econbiz.de/10005687998
The Societas Europaea (SE) harmonized minimal amounts of company law and assigned employee representation to a supplementary negotiation process. Commentators predicted that it would introduce cross-border regulatory competition within the EU. Others suggested that companies would choose the SE...
Persistent link: https://www.econbiz.de/10010614649
This paper makes a case for the future development of European corporate law through regulatory competition rather than EC legislation
Persistent link: https://www.econbiz.de/10005549404