For those who donโt know what regulatory capture is:
https://en.wikipedia.org/wiki/Regulatory_capture
Itโs a widely acknowledged way markets fail and protect themselves from competition.
Having a court that has the ability to launch investigations and conduct independent discovery (e-discovery) to strike down regulations that lead to regulatory capture would go a long way to destroy barriers to entry and enable innovation.
Implementing this would give the EU a huge advantage over the US, where regulatory capture is practiced by senators as a means to get campaign support.
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eu/acc
About 1 year ago
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Open
eu/acc
About 1 year ago
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