In considering what regulation is necessary for the implementation of the Strategy, it should be remembered that market concentration does not necessarily indicate market power and market changes are frequently the result of innovation. Also, legal certainty is crucial for business.
The objective of this paper is to comment on the “Better regulation for better results – An EU agenda” from May 19, 2015 (hereinafter – EU BR Agenda) in a broader context. The EU BR Agenda confirms the existing schemes and frameworks of EU Better Regulation policy, expresses a firm political commitment to continue efforts in this regard, and embraces evolutional – not revolutionary – novelties.
At least 70% of all drafts of normative acts submitted to the Bulgarian Parliament are with no justification and assessment of expected costs and benefits. This leads to wrong policies, costly policy mistakes, burdened businesses, unpredictable business environment and opportunities for lobbyist to act in favour of specific groups.
If privatisation is indeed to work its magic and liberate markets from politicians, predictable mistakes should be avoided. Thinking about privatisation failure can improve privatisation itself.
There is a strong correlation between the level of spatial development regulation and the real estate price.