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Hoorcollege week 1 EU internal market law £2.56   Add to cart

Lecture notes

Hoorcollege week 1 EU internal market law

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Lecture week 1 EU internal market law

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  • October 5, 2020
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  • 2019/2020
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By: danielacostarego • 3 year ago

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Lecture - WEEK01
General background: EU integration process
Enlargement → we went from 6 to 28 member states
We wanted markets and countries to be interdependent, so counties would have no incentive to
attack each other, since it would harm those countries themselves.

Building a European market was at the heart of the project from the outset (at the heart of EU
law).

art . 3 Lisbon Treaty: the Union shall establish an internal market. [balanced economic growth]
[highly competitive social market economy] [promote economic, social and territorial cohesion,
and solidarity] [shall establish an economic and monetary union].
This is an ongoing project.

Forms of economic integration:
● Free trade area (FTA): no tariffs, but what they do with third countries is up to them.
● Customs union (CU) = FTA + common external policy (e.g. single customs tariff).
● Common market (CM) = CU + free movement of other factors of production (four
fundamental freedoms).
● Monetary union (MU) = CM + single currency + monetary policy.
● Economic union (Ec.U) = MU + common fiscal policy controlled by a central authority.
● Political union = Ec.U + central authority (such as a parlement).
● Full union: the United States of Europe.

The EU strives toward a political union:
1. Common foreign and securities policy.
2. Area of freedom, security and justice.
3. Economic and monetary union, although the crisis showed that the Union has a
monetary union, but not an economic union.

Art. 26 TFEU: definition single market.

Techniques of economic integration:
● Negative integration:
○ Deregulatory
○ Mutual recognition
○ Decentralized model
■ Aims to remove obstacles to trade when they occur, case by
case → Court of Justice of the EU.
● Positive integration
○ Harmonisation of national laws
○ Regulation
○ Centralised model
■ Aims to remove obstacles to trade beforehand → lawmaking

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