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...

This paper discusses the regulation of pharmacists from an economic perspective, focusing on licensing, price and fee regulation, advertising restrictions and rules on exercise of the profession, and restrictions on business structure. A comparative overview is presented of the most common forms...