What the heck is a 28th Regime?

In this episode of The Sound of Economics, host Rebecca Christie speaks about the European Union’s innovation hopes with Bruegel’s Fiona Scott Morton and Reinhilde Veugelers as well as Tobias Tröger, SAFE Chair of Private Law, Trade and Business Law, Jurisprudence at Frankfurt’s Goethe University. The European Commission on March 18 released its “EU Inc.” proposal to make it easier for innovative companies to get their start and scale up. The new plan uses a lawmaking tool known as the 28th regime. What is it and how does it work – will it help companies find financing and navigate thickets of national and local bureaucracy? What else can you do with it? Is the Commission proposal good? What are some alternatives? And what will this mean for Europe’s notaries? Promising firms have a lot to gain from these conversations, if good policy design follows.
 
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