Open AccessIntroduction to the debate: How much regulation do we want or need?
Author(s) -
D. C. Burke
Publication year - 2005
Publication title -
journal of commercial biotechnology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.107
H-Index - 17
eISSN - 1478-565X
pISSN - 1462-8732
DOI - 10.5912/jcb119
Subject(s) - headline , european commission , political science , law and economics , commission , business , political economy , public relations , economics , law , international trade , european union , advertising
We in Britain have seen lots of headlines about over-regulation; for example, one headline reported Europe's top motor industries bosses telling the President of the European Commission that doing business in Europe meant extra costs because of 'increasingly dense, complex and often conflicting regulations'. So how much regulation do we want or need, for we also know that absence of or inadequate regulation can have serious consequences? We do not need to be reminded about what happened over thalidomide, or more recently over the presence of the red dye Sudan 1 in some foods.