Too many rules ‘damage business’

EUROPE is doing severe damage to its business environment and costing jobs by piling on too many regulations, says IBEC president Maurice Pratt.

Businesses in Europe struggle under much higher regulatory imposed costs compared with the United States or the Far East and it is costing us jobs, said Mr Pratt.

Mr Pratt was addressing an IBEC conference in Dublin which asked: Is Regulation Killing Business?