3 ms·
Sounds like regulatory capture was already deeply burrowed in the UK. This doesn't sound remarkable in the sense that you could play industry roulette, and its
by IG_Semmelweiss 3y ago
Sounds like regulatory capture was already deeply burrowed in the UK.
This doesn't sound remarkable in the sense that you could play industry roulette, and its just another industry could have bought what they wanted instead of the water lobby. The y seemed to bet on brexit and won big. There were likely EU lobby losers on the other side, likely buying influence for years for EU rules to favor them, and we don't know them because they did not happen overnight or they were bigger in scope.
So the questions are,
1) what are the flipsides ? Which EU regulatory captures became undone as a result of brexit , and are massively benefitting the brits ?
2) regulatory capture is not new. So what are the brits doing about it ?