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The Bureaucracy Tax

Regulation, subsidies, permitting, compliance costs, administrative burden, and the hidden price of bad institutional incentives.

15 articles

Archive
European Dystopia 2.0
The Bureaucracy Tax
European Dystopia 2.0

Facing mounting pressures, the European Union is currently reassessing its ambitious strategy to significantly reduce greenhouse gas emissions.

14 Feb 2024

The ESG Joyride?
The Bureaucracy Tax
The ESG Joyride?

On Tuesday, Florida Governor Ron DeSantis signed a bill that prohibits state officials from using public funds for environmental, social, and governance (ESG) initiatives, as well as ESG bond sales.

03 May 2023

Party Over Profits
The Bureaucracy Tax
Party Over Profits

Since taking office in 2012, Xi Jinping has prioritized ideological purity, national security, and Communist Party dominance. Additionally, he has insisted on tighter government regulation of the economy.

24 Oct 2022

Carbon Offsetting, An Opaque And Booming Industry
The Bureaucracy Tax
Carbon Offsetting, An Opaque And Booming Industry

A Cheap Tool Enabling Companies To Make Dubious "Net Zero" Claims.

13 Sept 2022

Beijing To Relax Its Grip On Tech And Foreign-Listed Stocks
The Bureaucracy Tax
Beijing To Relax Its Grip On Tech And Foreign-Listed Stocks

On Wednesday, the Chinese government signaled support for the listing of Chinese companies abroad and that its crackdown on technology companies would end soon.

21 Mar 2022

Futu And Tiger Brokers Under Pressure
The Bureaucracy Tax
Futu And Tiger Brokers Under Pressure

Futu Holding and UP Fintech Holding (the company behind Tiger Brokers), both U.S.-listed Chinese online brokerages, face regulatory concerns when China's new personal data privacy law takes effect on November 1, according to an analysis on the People's Daily website.

17 Oct 2021

Meituan Hit With $ 534m Antitrust Fine
The Bureaucracy Tax
Meituan Hit With $ 534m Antitrust Fine

China's State Administration for Market Regulation (SAMR) announced on Friday that Meituan had abused its monopoly in the country's online food delivery market.

11 Oct 2021

China Passes Its Personal Information Protection Law
The Bureaucracy Tax
China Passes Its Personal Information Protection Law

A previous draft of the law said that tech companies must ask for the user's consent to collect its data and users can withdraw at any time. On top of this, companies can't refuse to serve users that do not opt in unless the data is necessary for the provision of the product or the service.

24 Aug 2021

Invest In China? Today?
The Bureaucracy Tax
Invest In China? Today?

The Chinese Government has taken extraordinary measures to keep its tech giants in check. It started with Alibaba and Jack Ma and has now expanded to Tencent, DiDi, Meituan and many other tech leaders.

01 Aug 2021

China's Bitcoin Crackdown
The Bureaucracy Tax
China's Bitcoin Crackdown

China's central bank has called for the shutdown of a company that, "was suspected of providing software services for virtual currency transactions". The People's Bank of China also warned institutions not to provide other services related to virtual currency.

11 Jul 2021

Didi Gets Slammed
The Bureaucracy Tax
Didi Gets Slammed

The shares of Didi Global last traded at about $12, well below their initial price of $16.65 on June 30 - a fall in market capitalisation of about $19 billion.

11 Jul 2021

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The Bureaucracy Tax | Gorgorus Research