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Simple bright-line rules make the compliance process easier, both for the regulated and for the regulator".
"We are working for the regulator," he said.
It even removes the requirement for the regulator to show "effectiveness, fairness and objectivity of standards".
"For the regulator to be effective, it has to be able to use judgment.
Amsterdam, Frankfurt, Milan and Paris are all regarded as possible new homes for the regulator.
The newspaper industry including regional newspapers and magazine publishers will pay for the regulator.
And there lies the problem, in this digital era, for the regulator.
"Ofcom's dealings have been absolutely proper at all times," said a spokesman for the regulator.
Jennifer Kocher, a spokeswoman for the regulator, said it was reviewing the court's ruling.
Florence Gaubert, a spokeswoman for the regulator, the Autorité des Marchés Financiers, declined to comment.
Richard Hunt, a spokesman for the regulator, said that retail prices tend to lag changes in wholesale prices.
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