Create an EU administrative court of justice against regulatory capture.

For those who donโ€™t know what regulatory capture is:

https://en.wikipedia.org/wiki/Regulatory_capture

Itโ€™s 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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Status

Open

Board

eu/acc

Date

About 1 year ago

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