Guest author: Martin Nikolaev From fines for patent leather bags to a political bludgeon Until a month ago, the Competition Protection Commission was known as just one of the many useless state institutions, mainly dealing with fining online stores and women's boutiques for uncompetitively pampering Bulgarian girls with a bonus leather bag...
More »Proposed bans on advertising and distribution of lottery tickets are inadequate
This is the opinion that our economist Nikola Filipov shared in the "Business Daily" program on "Evropa" TV: "It is not adequate to introduce changes to the laws in this way, from one day to the next, without any economic argumentation. This simply sends a lot of …
More »Economic freedom is the way to have freedom of speech
The latest report by Reporters Without Borders once again ranked Bulgaria in the unenviable 111th position in terms of freedom of speech in the world. The debate on this topic in the country revolves mostly around the causes without looking for a way out of the situation. The solution to the problem of limited freedom of speech lies in economic freedom. …
More »Gambling restrictions do not cure the disease, only its symptom
In recent weeks, two proposals to ban gambling ads have emerged from remarkably diverse sources. First, Deputy Prime Minister Valeri Simeonov said that gambling ads, specifically targeting the lottery, are "outrageous" and the NFSB is drafting a bill to ban them, and this week, the newly formed extra-parliamentary coalition "Democratic Bulgaria" also came out with ...
More »The minimum wage and the extent to which the state is rational to intervene in its pricing
At the end of last year, the cabinet proposed that the minimum wage in Bulgaria be increased to 510 leva in 2018. The administrative increase in the minimum wage is a frequently used tool by the state to "fight poverty". In practice, however, this increase has a negative impact on employment and the investment climate. …
More »A new wave of energy irony
Author: Kaloyan Staykov The regulatory authorities in Bulgaria seem doomed to remain dependent. This is the brief conclusion of the behavior of a number of politicians in recent months, and this week the Ombudsman joined them. The latest proposal is that citizens should have the opportunity to appeal in court the decisions of the Commission for Energy and …
More »The nationalization of CEZ harms all taxpayers and consumers
After a week of media drama, accusations, speculation, doubts, threats and scandals, the saga "Ginka Varbakova and the sale of CEZ" seems to have found its very unpleasant ending. The government officially announced that it will try to acquire a "controlling stake" in CEZ Bulgaria. In other words, the government wants to become the de facto controlling owner ...
More »Why services like Airbnb don't need government regulation
Over the past week, the proposal of the Minister of Tourism Nikolina Angelkova to introduce stricter regulation of sites like Airbnb.com has become a serious subject of debate in the media space. Angelkova's thesis is that these sites practically operate as intermediaries of hotel services. For the uninitiated, in simple terms Airbnb.com is …
More »The debate over doner kebabs shows a lack of evidence-based policies
Author: Bill Wertz, vocaleurope.eu The latest move by the Social Democrats and Greens in the European Parliament has called for a gradual phasing out of phosphate in doner kebabs. Or at least that’s what the headlines were saying until the Social Democrats’ wing came out with the claim that this was actually fake news. The popular Turkish dish is …
More »Instead of protecting competition, the CPC declares war on it
If you have been following the media in recent days, you have no way of not having come across the extremely high-profile story surrounding the latest ruling of the Commission for the Protection of Competition (CPC). A ruling that represents a very dangerous precedent that, instead of "protecting" competition, actually tramples on it and threatens the interests of consumers. Let's briefly discuss what ...
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