Twelve or fifteen national regulations were replaced by a harmonized one. Active  2  BIS Review 82/2005  competition policy was pursued. So a level playing field was created in a great number of sectors. And the regulatory costs were lower than in the past. But in general, regulation can be a double-edged sword.
We have seen that measures labelled as “too drastic” may at some point become the appropriate response. And we have learned that you can’t fight a crisis like this on your own. By many standards this crisis has been, and still is, an extraordinary series of events.