What Is the Current International Regulatory Regime for Multinational Enterprises (MNEs)?

Since WWII, the MNEs have mushroomed at an incredible speed, but the international law has yet to catch up. At present, the international regulatory regime remains fragmented leaving a huge gap between legality and reality. While the MNEs' day to day activities are controlled under domestic laws, their multinational nature necessitates a more coordinated and efficient multilateral approach.Original Article

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