Danger! Consumer Protection Ahead! (Law & Justice)

Xavier Mera, associate researcher at the Molinari Economic Institute, in TCS Daily of 22 February:

"Despite all their talk of 'better' regulations, European Commission civil servants are certainly keeping themselves busy coming up with new ones. The latest project about to be adopted: lighter manufacturers will soon be obliged to equip their products with a child-safety device. The EU's health and consumer protection commissioner, Markos Kyprianou, is enthusiastic. 'This represents considerable progress in consumer protection against fires caused by children who play with lighters, accidents causing death, injury and property damages,' he announced. But in reality, the obligatory standardization will not help consumers, as it disregards their preferences."

Read the whole article here.