Cross-Border Regulation

5 Pages Posted: 26 Mar 2004

See all articles by Flavio Toxvaerd

Flavio Toxvaerd

University of Cambridge - Faculty of Economics

Date Written: March 2004


This note considers a simple Hotelling model with Bertrand competition between two firms, who belong to separate jurisdictions and are regulated by separate regulators. Welfare properties of different regulatory regimes are compared. These suggest that the presence of multiple, mutually competing, regulators may decrease overall welfare.

Keywords: Cross-border regulation, competing regulators

JEL Classification: L51, F0

Suggested Citation

Toxvaerd, Flavio, Cross-Border Regulation (March 2004). Available at SSRN: or

Flavio Toxvaerd (Contact Author)

University of Cambridge - Faculty of Economics ( email )

Austin Robinson Building
Sidgwick Avenue
Cambridge, CB3 9DD
United Kingdom

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