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 "text": "No Member State currently has courts specializing in corporate law comparable to the Delaware Court of Chancery, and establishing such courts or upgrading existing ones would be expensive for most Member States, with high marginal costs as usage grows.",
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 "citation": "Christian Kirchner, Richard W. Painter, Wulf A. Kaal, Regulatory Competition in EU Corporate Law after Inspire Art Unbundling Delaware's Product for Euro (2004). SSRN: https://ssrn.com/abstract=617681",
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