Currently the government is completely oblivious of how much overhead they introduce in the economy through their regulations.
There is simply no reliable feedback mechanism in place apart from people complaining loudly.
A much more reliable and also more evidence-based method of aggregating feedback is to allow entrepreneurs to claim back compliance-related costs similar to R&D costs.
Even if only 5% is paid back, entrepreneurs will do it because compliance is pure loss to their operations. (I have yet to meet the first customer who cares).
The reason for this is simple, the EU will receive quantified feedback which regulation cause how much compliance costs.
This allows for a structured analysis and improvement of regulation over time.
If you donât measure it, you canât manage it.
Please authenticate to join the conversation.
Open
eu/acc
About 1 month ago
Get notified by email when there are changes.
Open
eu/acc
About 1 month ago
Get notified by email when there are changes.