Italy Passes Sweeping Liberalization Laws

Law360, New York (January 26, 2007, 12:00 AM EST) -- In a move that will loosen regulations on insurers, hairdressers, airlines, petrol pumps and many other types of businesses, the Italian government has passed a big package of measures to liberalize the market and heighten business competition across the country.

Consumer groups and financial experts welcomed the decree laws, passed on Thursday, as a necessary jolt to Italy’s stifled competitiveness, which was ranked 42nd in the World Economic Forum’s global survey last year, trailing countries such as Qatar, Barbados and Tunisia.

“We see these rules very...
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