Market Deregulation And Privatization Act of 2018
Rationale
To boost economic growth by reducing regulatory burdens, attracting investment, and fostering innovation through market-driven competition and efficiency.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Public Ownership of Key Industries |
Private, with strong regulation
|
Privatise and lightly regulate
|
|
| 2 | Banking & Financial Regulation |
Strong prudential oversight
|
Deregulated financial centre
|
|
| 3 | Competition & Monopolies |
Active competition enforcement
|
No competition intervention
|
1
Public Ownership of Key Industries2
Banking & Financial Regulation3
Competition & MonopoliesProposer
Party
Liberal Democrats
A party ranging from liberal conservatives to social liberals, we want to protect our democratic institutions and give the markets more power.
Core pillars
François Vincent
Activist · Age 50
A former high-flying investment banker turned political firebrand, François Vincent leveraged his sharp street smarts and deep connections in finance and corridors of power to expose corporate malfeasance and push for market-friendly reforms with relentless efficiency.
Timeline
-
Draft3 July 2018
-
Vote Open3 July 2018
-
Vote Closed1 September 2018
-
Did Not Become Law1 September 2018
Vote tally
Live tally across each chamber. Weighted by seats held.
Ducal Council
FailedFor: 29 / 102 seats (28.4%)
Against: 43 · Abstained: 0 · Not voted: 30
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Democrats Proposer | 29 | Yes | No reason given |
| Valmoirean National Coalition | 43 | No | No reason given |