Private Regulators in Global Product Markets
Private Regulators in Global Product Markets
Institutional Structure and Complementarity in Product Regulation
This chapter examines the role of private regulators in global product markets, with particular emphasis on institutional structure and institutional complementarity in product regulation. It first provides an overview of how the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) became, for most industries, the focal rule-making institutions for setting international product standards. It then considers the global institutional structure and decision-making procedures before describing the domestic structures in Europe and the United States. It shows that the institutional structure for setting product standards in the United States is characterized by institutional fragmentation and contestation among competing standard-setters. In Europe, by contrast, the domestic standard-setting institutions are characterized by a high degree of coordination and organizational hierarchy.
Keywords: private regulators, global product markets, institutional structure, product regulation, International Organization for Standardization, International Electrotechnical Commission, rule-making institutions, product standards, institutional complementarity, United States
Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.
