Regulatory Competition or Regulatory Harmonization? A Silly Question?

Posted: 17 Sep 2000

See all articles by Alan Sykes

Alan Sykes

Stanford University - Law School

Abstract

The debate over 'competition versus harmonization' in regulatory policy often confuses the pertinent alternatives. This comment argues that neither pure regulatory competition nor complete regulatory harmonization is desirable or feasible where important international cross-border effects of regulation arise. Instead, a considerable degree of cooperation is almost always needed, yet non-homogeneity of regulatory policies is almost always desirable as well. This proposition holds virtually regardless of the subject matter of regulation.

Suggested Citation

Sykes, Alan, Regulatory Competition or Regulatory Harmonization? A Silly Question?. Journal of International Economic Law, Vol. 3, No. 2, pp. 257-264, June 2000. Available at SSRN: https://ssrn.com/abstract=228338

Alan Sykes (Contact Author)

Stanford University - Law School ( email )

559 Nathan Abbott Way
Stanford, CA 94305-8610
United States

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