“most advanced countries”
some possible comparison countries:
Canada, France, UK, Japan, Taiwan, Switzerland
“In the EU they have gone crazy with regulations. Many are made to exclude foreign competition. I remember seeing that a toothbrush must meet over 100 EU regulations and a bath towel must also meet over 100 regulations.”
I despise the EU government, but what it does needs to be taken into reasoned consideration.
But the regulators are power hungry. If they look at EU regulations, they will agree and add some more. Give them an inch and they will take a kilometer.