Evaluating impacts on regulation
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Scope
Will the option entail stricter regulation of the conduct of a particular business? Will it directly lead to the closing down of businesses?[1]
Definition
Business conduct in general embraces a wide range of aspects, including: Business Ethics; Equal Opportunities Policy; Health, Safety & Environment; Treatment of animals; Antitrust policy; Product safety and Product quality policies; International operations policy; Labour policy; Customer information; Relations with business partners; Conflict of interest.
This key question addresses the likely impacts on business due to entering into force of stricter regulation. In particular, the focus is on regulation addressing not the specifications of marketable products but on the actual conduct of business operation; most notably, Health, Safety & Environment regulation is known to entail significant compliance costs to certain buisiness activities.
Considerations related e.g. to the international competitiveness of the European economy suggest that regulation imposed on business should always be proportionate and amenable to cost effective implementation. Accordingly, Directive 84/360/EEC on the combating of air pollution from industrial plants, for instance, requires that relevant industrial plants take appropriate measures against air pollution, including the application of Best Available Technology Not Entailing Excessive Cost (BATNEEC).[1]
Result
Further information
EC related information:
European Commission: DG Enterprise and Industry
Activities of the European Union: Enterprise policy
Eurostat: Environmental protection expenditure by industry in the European Union[1]
Other information:
Indicators:
The following Eurostat Structural Indicators (Economic Reform) are relevant to address the key question for what concerns business demography:
Business demography
There are no Eurostat Sustainable Development Indicators directly related to this key question.[1]
See also
References
This text is for information only and is not designed to interpret or replace any reference documents.