Moreover, contrary to popular belief, unenforced regulations are worse than nothing and should be repealed by any responsible governance, because they effectively institutionalize the abuse they claim to prevent by concealing the abuse and increasing the competitive advantage the abuse offers. This is why indexes often use them as a proxy gauging regulatory capture.
Moreover, contrary to popular belief, unenforced regulations are worse than nothing and should be repealed by any responsible governance, because they effectively institutionalize the abuse they claim to prevent by concealing the abuse and increasing the competitive advantage the abuse offers. This is why indexes often use them as a proxy gauging regulatory capture.