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Reading: The Rise of Transnational Private Meta-Regulators

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The Rise of Transnational Private Meta-Regulators

Authors:

Paul Verbruggen ,

Assistant Professor of Private Law at the Business and Law; Research Centre of Radboud University, Nijmegen
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Tetty Havinga

Associate Professor at the Institute for the Sociology of Law of the Radboud University, Nijmegen
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Abstract

The emergence of transnational private regulation has also triggered the rise of private meta-regulation. Meta-regulation refers to the process through which a regulatory body oversees another regulatory body and sets standards for its activities, governance structure or performance. This article explains the emergence and functions of private meta-regulation by drawing on a comparative study of two transnational private meta-regulators: the Global Food Safety Initiative and the European Advertising Standards Alliance. By assessing the governance design of both meta-regulators, as well as the instruments and scope of meta-regulation, we argue that meta-regulation in this context is most prominently concerned with the bolstering of capacity, credibility and legitimacy of private regulatory regimes and convergence between such regimes.
How to Cite: Verbruggen P and Havinga T, ‘The Rise of Transnational Private Meta-regulators’ (2016) 21 Tilburg Law Review 116 DOI: http://doi.org/10.1163/22112596-02102003
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Published on 12 Oct 2016.
Peer Reviewed

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