Brussels, 11/03/2004
“A market economy needs rules to ensure fair competition to prevent firms from competing on the basis of low standards” said John Monks, General Secretary of the ETUC, in a reaction to 9th March ECOFIN Ministers discussions.
Although regulations can always be improved, simple comparisons between European statutory regulation and United States style of litigation and legal procedures will not do. Pushing the Lisbon innovation agenda forward, primarily depends on investing in research and development, investing in human capital and improving social cohesion to help workers to cope with change.
- Note from the ETUC to release feelings Regulation, competition and innovation in Europe