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Yes the EU for one is a bureaucratic nightmare, there are too many bodies and they legislate on stuff that they have no knowledge of and because of cases such as Van gend en loos it has been made very clear that EU law trumps national law which makes sense as parliament bound themselves to EU law, however those making EU law tend to be incompetent. And also because of Article 34 of the Treaty on the functioning of the EU (TFEU) and the case Dassonvile, pretty much anything the UK does to exert its sovereignty in relation to trade can be challenged by any random scmuck who doesn't like the law under EU law.
Then there's the fact that countries like France and Italy receive EU subsidies which is a super government picking winners in trade and it raises taxes for other EU citizens. Its true that the EU is the most profitable union on earth (yes even better than the US ) but its a nightmare that the UK can and should do without.1