Paradoxically, regulation may end up damaging the very object it set out to protect. A closer look at the horse trade in Europe reveals that regulation does not yield the most sustainable solution. Instead, it creates unnecessary food waste and endangers animal welfare. Chevideco NV trades meat and by-products from horses. It buys live horses in fourteen countries, has them slaughtered locally to minimize transport of live animals, and sells meat and byproducts internationally from its headquarters in Rekkem, Belgium. The company has another seat in Romania and a trading cooperation with a partner in Argentina.