ABSTRACT
It is often argued that the shift from ‘economic interventionism’ to regulation as the main policy type is the product of changing governance paradigms (Majone 1996). Although there is a lively debate on whether this process has created a new mode of governance focused on the efficiency of markets (OECD 2002) or, instead, a more subtle form of economic interventionism (as argued by Moran 2003 in his account of British regulation), empirical evidence on regulatory policies across Europe shows that the differences of national styles of regulation have not disappeared (Heritier et al. 2001).
