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Competition between legislative systems and judicial infrastructures in the US system. Effects and differences compared to the European scene

Authors

Abstract

The present investigation focuses on the analysis of competition between US laws, where the competitive system among the 50 States has been in force for more than a century, and aims to highlight areas of uniformity and differences with respect to the European model. Among the latter, particular weight is given to the absence of US federal corporate models, which goes hand in hand with the constant choice of specific states historically “favorable” to the establishment of corporate entities, such as Delaware, which are particularly appealing to individuals, also thanks to the establishment of sophisticated judicial infrastructures that see the presence of highly specialized courts, competent to settle disputes only in corporate matters.

Keywords:

American corporations, European commercial law, Competition law, Uniform Partnership Act, Federal corporate models