And it has no rules to its regulatory system.

Most of the necessary legal and regulatory framework is already in place.

Europe needs no banking union beyond a common regulatory system.

We don't have a regulatory system able to ensure that that production is safe.

We do not think that a permission based approach to regulation is the best structure.

And you'll have massive competition.

Competition.

We're looking for competence, discipline, endurance, and strength.

Be careful what you wish for is wise advice in the regulatory world, as it is elsewhere.

The supply siders, for their part, seem utterly oblivious to the dependence of private investment on complementary public investment and a clear policy and regulatory framework.

That s why channeling dispersed knowledge into new businesses requires a regulatory framework that favors the genuinely enlightened and honest.

That requires good initial design and constant regulatory vigilance, but so does full separation.

One, competition.

A regulatory regime that gave unfair advantages to local businesses would hurt consumers, hamper innovation, and damage competitiveness.

No governance framework is in place for emerging high seas industries such as energy production.

Competition between legal and regulatory environments

The growing economic importance of services suggests that improvements in European living standards are , to a great extent , likely to depend on a high degree of competition and on productivity improvements in the services sector .

RULES ON COMPETITION

The regulatory environment is also crucial for creating the most favourable conditions for economic growth .

Areas of exclusive competence

Areas of shared competence

That's my province.

I took part in the contest.

The competition is fierce.

Tom won the competition.

Who has the skills ?

Such super equivalence or, more colloquially, gold plating creates inconsistencies across jurisdictions, thereby facilitating regulatory arbitrage.

Однако процесс развития международных основ регулирования отстал от глобализации финансовых рынков.

Question No 112, by Mr Pronk Subject Conflict between competition policy and environment policy

As they enter into direct competition with private enterprises, rules need to be laid down ensuring transparency and competition on equal terms.

Regulatory support for entrepreneurship and small and medium size enterprises remains one of the most underused means of unleashing creativity, enhancing growth, and generating employment.

The subsidiarity principle applies insofar as the proposal does not fall under the exclusive competence of the Community .

THE ECB' S FIELDS OF COMPETENCE

common rules on competition

Competition makes you better.

There's no competition at all.

Aspects relating to competition

Assessment based on competence

All right, carry on breaking the law, we'll sort out how to handle that, how to do it more subtly.

PARIS In the early phases of the financial crisis, it was fashionable to argue that the United States system of regulation needed a fundamental structural overhaul.

Yes, competition rewards the sharp and hardworking.

This soccer match is full of energetic and splendid competition.

Competition is good, but unregulated competition typically ends up in a race to the bottom.

D. Recognition of language knowledge

The competition of grasses, right?