Common European Sales Law to boost trade and expand consumer choice
The optional Common European Sales Law will help break down the trade barriers and give consumers more choice and a high level of protection. It will offer a single set of rules for cross-border contracts in all 27 EU countries.
Despite the success of the EU's Single Market, barriers to cross-border trade remain. Many of these result from divergent sales laws between the 27 Member States. They make selling abroad complicated and costly, especially for small firms. Traders who are dissuaded from cross-border transactions due to contract law obstacles forgo at least €26 billion in intra-EU trade every year. Meanwhile, 500 million consumers in Europe lose out on greater choice and lower prices because fewer firms make cross-border offers, particularly in smaller national markets.
More Information on the website of the European Commission Directorate-General for Justice.
Council of Bars and Law Societies of Europe (CCBE) Preliminary Position Paper Regarding the Proposal for a Regulation on a Common European Sales Law (COM(2011)0635) [here]
Despite the success of the EU's Single Market, barriers to cross-border trade remain. Many of these result from divergent sales laws between the 27 Member States. They make selling abroad complicated and costly, especially for small firms. Traders who are dissuaded from cross-border transactions due to contract law obstacles forgo at least €26 billion in intra-EU trade every year. Meanwhile, 500 million consumers in Europe lose out on greater choice and lower prices because fewer firms make cross-border offers, particularly in smaller national markets.
More Information on the website of the European Commission Directorate-General for Justice.
Council of Bars and Law Societies of Europe (CCBE) Preliminary Position Paper Regarding the Proposal for a Regulation on a Common European Sales Law (COM(2011)0635) [here]
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