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Explaining Brexit: How the City of London came to be Regulated by the European Union

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  • Vaubel Roland

    (Universität Mannheim, Department of Economics, Mannheim, Germany)

Abstract

Qualified majority voting on financial market regulation was made possible by the European Court of Justice changing the meaning of the term “internal market” from “free movement of goods, services, persons and capital” to “conditions of competition which are not distorted”.

Suggested Citation

  • Vaubel Roland, 2019. "Explaining Brexit: How the City of London came to be Regulated by the European Union," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-2, December.
    • Handle: RePEc:bpj:evoice:v:16:y:2019:i:1:p:2:n:3
    DOI: 10.1515/ev-2019-0010
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    References listed on IDEAS

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    1. Bernhard Boockmann & Roland Vaubel, 2009. "The Theory of Raising Rivals’ Costs and Evidence from the International Labour Organisation," The World Economy, Wiley Blackwell, vol. 32(6), pages 862-887, June.
    2. Roland Vaubel, 2008. "The political economy of labor market regulation by the European Union," The Review of International Organizations, Springer, vol. 3(4), pages 435-465, December.
    3. Stigler, George J, 1970. "Director's Law of Public Income Redistribution," Journal of Law and Economics, University of Chicago Press, vol. 13(1), pages 1-10, April.
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