Looking at this document from the Commission, for example, I se
e that they want to simplify the whole body of commercial and company law; now I know, as one of the Legal Affairs Committee’s permanent rapporteurs on this area, that many of the directives and regulations we have enact
ed on this were the result of highly complex negotiations and compromises and
that there is, in any proposal for simplification, the inherent risk of Pandora’s box being op
...[+++]ened and of the compromises arrived at after much effort ending up being once more open to question.