• Stephen Gibson


March 9, 2023, Paper: "Government regulations can impose significant costs on businesses that are then passed onto consumers in higher prices. They can make UK businesses less competitive in foreign markets and against foreign competitors in domestic markets, and they can prevent innovation and reinforce barriers to entry. In this paper, Harvard Senior Fellow and Regulatory Policy Committee Chair Stephen Gibson, reviews the effectiveness of previous efforts to reduce red tape. The lessons learnt are important for improving the UK’s Better Regulation Framework and for dealing with retained EU laws – Gibson warns that the Retained EU Law (REUL) Bill, currently passing through parliament, risks missing a “golden opportunity” to improve business regulation."