# kaal:claim:2834531-039

**Claim.** A principle based approach gives regulators greater openness and flexibility and prevents innovative technologies and the companies developing them from becoming bogged down in the regulatory thicket produced by a rule focused approach.

**Type.** design  **Support.** argued

**Holds when.**

- regulation of disruptive technologies

**Source quote.**

> a principle–based approach facilitates a greater degree of openness and flexibility on the part of regulators, and prevents innovative technologies (and the companies that have developed them) from becoming bogged down in the regulatory thicket that often results from a rule–focused approach.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, *Regulation Tomorrow What Happens When Technology Is Faster Than the Law* (2017), B. A Principle-Based Approach, page 30

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531

**Verify.** sha256 of source PDF `9cd875ebdb0266febbdcdabfca5b9b9f0de1b7ad9e3d5a8a5971bdbe469323b7` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202017%20-%20Regulation%20Tomorrow%20What%20Happens%20When%20Technology%20Is%20Faster%20Than%20the%20Law.pdf

**Topics.** institutional-design

**Keywords.** principles-based-regulation, rules-versus-principles, regulatory-thicket, flexibility

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