This paper addresses the economic theories of regulation with respect to professional services (such as those provided by lawyers and accountants). One of the problems discussed in this paper is the tension between competition (law) and regulation. The central question is what China can learn...

Existing empirical evidence shows that Chinese companies sometimes face difficulties when they try to establish themselves across provinces in China. A significant cause of this problem is the way in which local authorities apply the existing rules on inter-provincial establishment of companies....

"With the Chinese government planning a comprehensive and detailed reform of regulatory law, the European experience is likely to contribute significantly. This timely book analyses comparative Chinese and EU regulatory reform from a law and economics perspective."--