Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Pattern Recognition: Industry seeking regulation – the case of crowdfunding. Bruges Political Research Papers No 79 / March 2020

Ambrus, Eva (2020) Pattern Recognition: Industry seeking regulation – the case of crowdfunding. Bruges Political Research Papers No 79 / March 2020. UNSPECIFIED.

[img] PDF - Published Version
Download (709Kb)

    Abstract

    At first it seems counterintuitive that an industry would seek regulation over itself, but from the point of view of crowdfunding, it was a logical step. Crowdfunding, as part of FinTech, is changing and challenging traditional financial institutions. The fragmentation of the EU market by national legislation on crowdfunding hindered its growth, and although FinTech is a diffuse interest, crowdfunding, as a pragmatic diffuse interest, formed legitimacy coalitions with the regulators. Utilizing Trumbull’s framework on pragmatic diffuse interest, my aim is to demonstrate through this case study that the industry lobby had influenced the agenda-setting and the policy-shaping, but only to the extent that there wasn’t conflicting interest from consumer groups. This is in line with previous finding on financial industry lobbying and some preliminary findings emerge, although as the proposal is still in first reading stage, the end results and conclusions remains to be seen

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > industrial policy
    EU policies and themes > Policies & related activities > regulations/regulatory policies
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > College of Europe (Brugge) > Bruges Political Research Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 19 Mar 2020 16:41
    Number of Pages: 36
    Last Modified: 19 Mar 2020 16:41
    URI: http://aei.pitt.edu/id/eprint/102606

    Actions (login required)

    View Item

    Document Downloads