Regulatory competition, also called competitive governance or policy competition, is a phenomenon in law, economics and politics concerning the desire of lawmakers to compete with one another in the kinds of law offered in order to attract businesses or other actors to operate in their jurisdiction. Regulatory competition depends upon the ability of actors such as companies, workers or other kinds of people to move between two or more separate legal systems. Once this is possible, then the temptation arises for the people running those different legal systems to compete to offer better terms than their "competitors" to attract investment. Historically, regulatory competition has operated within countries having federal systems of regulation - particularly the United States, but since the mid-20th century and the intensification of economic globalisation, regulatory competition became an important issue internationally.
One opinion is that regulatory competition in fact creates a "race to the top" in standards, due to the ability of different actors to select the most efficient rules by which to be governed. The main fields of law affected by the phenomenon of regulatory competition are corporate law, labour law, tax and environmental law. Another opinion is that regulatory competition between jurisdictions creates a "race to the bottom" in standards, due to the decreased ability of any jurisdiction to enforce standards without the cost of driving investment abroad.
and 28 Related for: Regulatory competition information
Regulatorycompetition, also called competitive governance or policy competition, is a phenomenon in law, economics and politics concerning the desire...
Commissioned Study A Comparative Bibliography: RegulatoryCompetition on Corporate Law Legal and Regulatory Issues in the Information Economy Lawrence A...
consumers in markets where there is a lack of effective competition. Examples of regulatory agencies that enforce standards include the Food and Drug...
A competition regulator is the institution that oversees the functioning of markets. It identifies and corrects practices causing market impediments and...
The Jersey CompetitionRegulatory Authority (JCRA) is the competition, postal, and telecommunications regulatory authority for Jersey, a British Crown...
A Nevada corporation is a corporation incorporated under Chapter 78 of the Nevada Revised Statutes of the U.S. state of Nevada. It is significant in United...
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial...
The Channel Islands Competition and Regulatory Authorities (CICRA) was the name given to the combined Jersey CompetitionRegulatory Authority and the Guernsey...
Tax competition, a form of regulatorycompetition, exists when governments use reductions in fiscal burdens to encourage the inflow of productive resources...
In politics, regulatory capture (also called agency capture) is a form of corruption of authority that occurs when a political entity, policymaker, or...
extraterritorial reach of regulatory norms applicable elsewhere in the UK and by the potential for regulatorycompetition where local producers are subject...
Directive and Regulations encouraging regulators to use their competition powers considering regulatory references and appeals Acquisition of Activision Blizzard...
Regulatory economics is the application of law by government or regulatory agencies for various economics-related purposes, including remedying market...
Federal regulation of corporations. The contrasting view was that regulatorycompetition among states could be beneficial, on the assumption that shareholders...
Enterprise and Regulatory Reform Act 2013 (c. 24), also known as ERRA, is a major act of Parliament aimed at reforming the regulatory environment faced...
2002. Kocaoglu, Kagan (Cahn Kojaolu) A Comparative Bibliography: RegulatoryCompetition on Corporate Law Kyd, S, A Treatise on the Law of Corporations (1793–1794)...
Telecom Regulatory Authority of India (TRAI) is a regulatory body set up by the Government of India under section 3 of the Telecom Regulatory Authority...
that weakens intrinsic motivation and ultimately undermines compliance. Regulatory compliance describes the goal that organizations aspire to achieve in...
approach was criticised as potentially opening the EU to unjustified regulatorycompetition, and a race to the bottom in standards, like in the US where the...
helping governments improve regulatory quality - that is, reforming regulations that raise unnecessary obstacles to competition, innovation and growth, while...
The Telecommunications and Digital Government Regulatory Authority (TDRA; Arabic: هيئة تنظيم الاتصالات والحكومة الرقمية, romanized: Hay'ahtu Tanzeem al-Etisalat...
series of seven statutes. In academic literature, the phenomenon of regulatorycompetition reducing standards overall was argued for by A.A. Berle and G.C...
extraterritorial reach of regulatory norms applicable elsewhere in the UK and by the potential for regulatorycompetition where local producers are subject...
approach was criticised as potentially opening the EU to unjustified regulatorycompetition, and a race to the bottom in legal standards, like the US state...
The Competition and Consumer Authority (CCA) is the regulatory agency for market competition in Botswana. The Botswana Competition Authority (BCA) was...
The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous and statutory body under the jurisdiction of Ministry of Finance ...
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition...
Energy Regulatory Authority (BERA) is the energy regulator and a government parastatal of the Botswana government. Malawi: Malawi Energy Regulatory Authority...