Application of the ‘One in, one out’ approach – and its impact on businesses
22-04-2024 - 11:58
ITRE
The study takes stock of the implementation of the regulatory offsetting mechanism known as the ‘one in, one out’ (OIOO) approach by the European Commission. Overall, this mechanism was found to be relevant and useful to address the issue of managing the EU regulatory burden on businesses.
While there has been a clear commitment from the Commission to ensuring the OIOO approach is applied effectively, there remains scope for the Commission to increase the transparency underpinning its methodology.