market regulations

February 26, 2019

Better Regulation: Risks, Markets, Responsibility

A popular explanation for economic scandals, crises and suboptimal market outcomes is the lack of government regulation. This interpretation is intensively promoted by the promoters of a “bridled” market and by the communication departments of the respective administrations: only the supervision and control of the market economy by the bureaucratic state would ensure the integrity of economic actors. This would even apply to competition, which would allegedly be endangered without a dedicated authority.
June 1, 2014

Position on Expanding the Interchange Fee Regulation to Commercial Payment Cards

The measures proposed by the European Commission are not suitable for achieving a single market in card payment services. On the contrary, the measures proposed by EC would be harmful. The regulations would have the greatest negative effect on consumers, who are likely to incur relatively higher card handling fees, and to lose part of discounts or incentives.
May 1, 2014

Facts and Analysis: the Small Loans Market and Regulation in Lithuania

The small loans market (quick credit, pay-day loans) often gets a lot of criticism in the media. Its critics state that the market has too little supervision; that the industry does not properly assess the ability of customers to repay their loan; and that interest rates are artificially high.
May 1, 2014

Economic Freedom in the Eu: Mediocre Today – World Leader Tomorrow?

Five years since the outbreak of the most severe economic crisis of our time, there is widespread consensus that today’s levels of unemployment, exclusion, deficit, and debt are unsustainable and need to be addressed.