free market

February 1, 2016

Regulatory Approaches to the Sharing Economy

The sharing economy is based on reductions in transaction costs which enable exchanges that were previously not possible. Sharing economy firms facilitate a more efficient use of assets, to the benefit of both asset owners and prospective users. Its potential positive impact on welfare has been estimated at over €1,000 per EU citizen.
April 1, 2015

Company Finance in the EU, and the Capital Markets Union

Post-crisis financial regulation of banks and new regulations being developed for insurance companies have likely contributed to the dearth of financing for EU companies. The Commission must consider the adverse impact that regulatory measures, both at Union and Member State levels, have had on business finance.
March 1, 2015

The Energy Union: Why Liberalisation Matters

The Energy Union can further the process of opening up and integrating energy markets within the European Union. However, there is a risk that behind the proposal a new wave of regulation looms, both at national and EU levels.
October 1, 2014

Against Government Planning Over the Airwaves: a Free-market Approach to Spectrum Management

The development of television and mobile communications in the coming years will depend on the future of the UHF band, currently the subject of discussions at national and international levels. Regulators should resist the temptation of premature and radical intervention and abandon the traditional dirigiste model of spectrum management.
October 1, 2014

Promoting Competition and Energy Security in Europe

The success of the internal market for products can and should be repeated for energy. Natural barriers to market entry in terms of infrastructure can be overcome by private and/ or public investment if proper returns on investment are allowed.
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

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. Yet the ongoing debate on “austerity vs. growth” is misleading and false.
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.