Left to Their Own Devices
Patrik Plöen, Legal Counsel, Q-Med, Sweden
The European Union (“EU”) has among its most fundamental goals and principles a convergence of the economies of, and a weakening of internal frontiers between, its member states . Economic integration, so conventional wisdom would have it, will increase the efficiency and competition within the internal market, lowering consumer prices and contributing to a more effective allocation and utilisation of resources. At least that is the theory. Given the development over the past couple of decades, whether those goals have been achieved is to a degree dependent upon your political point of view, but there can be no denying the convergence or harmonisation of significant amounts of national legislation throughout the EU.
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