Re: Barnier's speech indicates that the group is not about to offer the UK an easy ride.
"Regulatory bureaucracies exist mainly to punish those found outside of the political orthodoxy."
Methinks they exist mainly to protect consumers against dodgy businesses. And to protect honest businesses against dodgy competitors.
"Regulators are unelected and unaccountable."
- Most regulators are civil servants, therefore always appointed, never elected.
- Regulators are accountable to the governments which appointed them, and implement the regulations proposed by those governments and approved by the parliaments.
Which country are you living in? Which regulators are you unhappy about?
Biting the hand that feeds IT
