These are supply side reforms in fiscal (taxation, especially corporate taxation, and government spending) policies and pro-competition and pro-growth changes in restrictive regulations (especially with respect to labor, agriculture, and land use).

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Its trade commissioner, Sir Leon Brittan, would like all the organisation's members to commit themselves to introducing effective competition laws, covering mergers, monopolies and restrictive business practices.

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It is crazy that Texas, which prides itself on individual freedom, has the most restrictive laws in the country protecting the big auto dealer groups from competition.

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Meatpacking companies have responded to international competition by shifting their operations from old industrial cities, with their heavily unionised workforces and restrictive practices, to rural areas and small towns.

ECONOMIST: Lexington

While the new regime ends NSI's monopoly over the award of top-level domain names, the Commission is concerned that highly restrictive provisions in its licensing agreements with companies wanting to enter the market for domain-name registration will discourage competition.

CNN: European Commission probes NSI