This article provides an analysis of why regulatory competition in corporate law has operated, for the most part, successfully in the United States, and critiques the position of commentators who are skeptical of the significance and extent of state competition. The article begins by setting out the context in which regulatory competition has been most recently criticized, the U.S. Congress’s r...

at a superficial level it seems that owning a monopolistic right is in contrast with competitiveness of the market, and exercising this right will prevent the free trade from being competitive. but the truth is that the existence of monopoly is not always a violation of competition law to be harmful to the trade, quite the reverse, in some cases it interacts with principles of competition law, ...