Volume 45 (2008)

Volume 45 (2008) / Issue 6

Matthias Herdegen, 'Legal challenges for transatlantic economic integration' (2008) 45 Common Market Law Review, Issue 6, pp. 1581–1609

Abstract

Although EU–US trade constitutes the largest economic relationship in the world, the level of formal bilateral regulation remains strikingly low. It is true that cooperation has worked a considerable degree of regulatory convergence. On the other hand, different legal perceptions, conflicting regulatory philosophies and a plethora of divergent standards for goods and services continue hampering transatlantic trade. There are grounds for basing transatlantic economic integration on a broader basis by bilateral treaties, and one could even contemplate a comprehensive free trade agreement which would also provide stability against the ups and downs of political relations.

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ISSN: 0165-0750
ID: COLA2008114