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Perspectives A Uniform Legal Framework Of Contracts In The European Union

Author

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  • Bogdan Cristian Trandafirescu

    () (Faculty of Law and Administrative Sciences, Ovidius University Constanta, Romania)

Abstract

The EU ideals and objectives are constant throughout the history of this international organization: the creation of a single internal market and a complete integration. The EU law provides for both rules of substantive law and rules of conflict regarding international trade activities. It can be easily seen, however, that there is no text (Regulation or Directive) on the common law of contracts. The lack of a text on the common law of contracts, containing general rules, makes the European private law to look like an incomplete puzzle. The need for a common law of contracts in the EU triggered concerns at both the academic and institutional level. The implications of this process of creating a uniform framework for these kinds of contracts are clear; in our opinion, such a uniform framework would finalize the European integration economically and would definitively mark the maturation of the single market. In this paper we will analyze the process for the construction of a uniform framework of contracts in the European Union, starting from the origins of the doctrine to the latest contemporary developments, and, finally, we will try to visualize future developments.

Suggested Citation

  • Bogdan Cristian Trandafirescu, 2013. "Perspectives A Uniform Legal Framework Of Contracts In The European Union," "Perspectives of Business Law” Journal, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 2(1), pages 211-219, December.
  • Handle: RePEc:sja:journl:v:2:y:2013:i:1:p:211-219
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    More about this item

    Keywords

    private law; contracts; uniform legal framework; the European Union.;

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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