Anonymousabout 13 hours ago
The European Commission has launched an unprecedented deregulation drive through a series of Omnibus packages, aiming to cut compliance costs by 25% and save businesses €37.5 billion annually. But critics argue the initiative addresses a secondary symptom of Europe's competitiveness gap while leaving primary causes — fragmented capital markets, energy costs two to three times higher than US levels, and chronic R&D underinvestment — entirely untouched, and risks dismantling environmental and labor protections whose absence would impose costs far exceeding any regulatory savings.