Left alone, over-regulation will only get worse, with the cost paid in slower economic growth.
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However, when it comes to our health and the health of our children, is over-regulation even possible?
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But in Geithner brushing aside worries about over-regulation, he seems to have created more questions than answers.
It adds that formal guidelines should not apply to small businesses, to ensure they are not burdened by over-regulation.
In Britain they are accused of over-regulation, manic harmonisation and addiction to subsidies.
The problem for oil companies is that once-sluggish utilities and power companies, unshackled after decades of over-regulation, are spreading their wings.
They have also been the target for some of the most zealous government over-regulation (for instance, limiting opening hours in shops).
Finally, policymakers must address over-regulation generally: Some 60 agencies issue over 3, 000 regulations yearly among tens of thousands of Federal Register pages.
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Critics fear the over-regulation of the industry and say it will stifle innovation in the Internet economy, which depends on personal data as its currency.
If Mr Kozlov's clean-up continues, the biggest obstacle may be over-regulation.
Over-regulation can easily cripple this industry while making it more risky.
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The not-regulated-soon-enough mortgage industry has long been in need of oversight and you would be wrong to surmise that I am advocating industry pushback against over-regulation.
On the other hand, over-regulation, particularly when insufficient data exists, serves to stifle productivity and needlessly add to production costs, ultimately driving up prices for consumers.
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Assuming this perturbs rather than excites you, imagine if the federal government put the brakes on all this over-regulation of the economy for just a little while.
He must either drive Dodd-Frank to its full implementation or openly acknowledge that the pendulum has begun to swing away from over-regulation and towards a more balanced approach.
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Over-taxation and over-regulation further restrict demand and add to unemployment.
Often companies are even placed out of business when they are no longer able to offer a product, commodity or service at a reasonable price as a result of over-regulation.
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Barack Obama's economic team understands the dangers of over-regulation.
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At the World Economic Forum in Davos, Cohn warned that over-regulation of banks could push risky investments and activities into the hands of less regulated institutions like hedge funds, the Financial Times reports.
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In a big survey of business perceptions this year the number of firms that reckoned over-regulation was an obstacle to success fell from 62% in 2009 to a (still high) level of 55% in 2012.
For much of the last century they were coddled by protectionism, or over-regulation, or both, during which time they acquired powerful unions and high cost structures, and took on enormous long-term commitments to cover their workers' retirements.
His advisers insist that Mr Obama is too clever to usher in a new age of over-regulation, that he will stop such nonsense getting out of Congress, that he is a political chameleon who would move to the centre in Washington.
Emirates has also thrived by entering markets in the rest of the Middle East, Africa, South-East Asia, India and Latin America that had hitherto been poorly connected to the global air-transport network because of over-regulation, the absence of a strong local flag carrier and the indifference of established airlines.
The lack of standards for deep water drilling risk management will spawn a litter of over-reaching regulation.
Pressure is now coming from within the BOE: Its Court has ordered a much-needed review into its liquidity operations while Andrew Bailey, executive director for banking supervision, last week broke ranks to warn publicly of the risks of over-cautious regulation to the wider economy.
Moreover, a fight over network regulation--known by the tag "net neutrality"--has broken out.
And one of the big causes of the great crash of 2007-8 is that over 30 years - due in part to appalling regulation - banks were allowed to reduce their capital reserves to a tiny fraction of their massive loans and investments.
In May, rules for prospective owners were tightened in response to questions over the league's self-regulation.
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