What a load of utter horseshit, we aren't ruled by Europe.
If all of Europe sets the same standards on various issues, it makes it far more easy to trade with each other.
People might moan about such things like car emissions/safety standards, but if the whole of Europe is working to the same rule book, then we can sell one type of car all over Europe. In any case, if we want to trade in Europe, we will still have to follow all the European standards, in the same way we have to follow US standards to trade with the US. Remember all those appalling impact bumper cars of the 70s, and much tougher emissions standards started in the US too.
I'd like to know what it is that Europe is forcing us to do that we would really rather not do and we can do better ourselves? British Governments have consistently shown a complete inability to govern the country.