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...

The regulation of pharmacists in Belgium and the Netherlands is analysed in order to test the rent-seeking hypothesis put forward in the private interest literature. Both the self-regulation issued by the professional bodies and public regulations are examined. It appears that many regulations...

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....

The regulation of professional services has been high on the political agenda for years now in Europe. This paper points out the methods of working and the strategies used by the European Commission (Directorate General for Competition) and various national competition authorities to promote...

"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."--

The economic analysis in this paper is based on two different approaches towards regulation: the public interest and private interest (public choice) approach. The costs and benefits of regulatory solutions to market failure are discussed, focusing on information regulation, quality standards...

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...