TTIP: Challenges and Opportunities for the Consumer Protection

15-06-2015

This in-depth analysis examines options for regulatory cooperation in TTIP and assesses its challenges and opportunities for consumer protection. It looks at existing regulatory approaches illustrated by reference to a range of case studies drawn from other briefing papers in the TTIP series for IMCO. Based on established practice and on the Commission’s recently published proposal on regulatory cooperation, the briefing eventually discusses the likely approach in the TTIP. Despite desirable opportunities there are also significant challenges of reconciling the different regulatory philosophies ahead. In broad terms it finds that the European Parliament’s regulatory powers will not be affected by the Transatlantic Trade and Investment Partnership, but suggests that the EP will need to ensure that the EP’s priorities shape the TTIP regulatory cooperation agenda and not the other way around.

This in-depth analysis examines options for regulatory cooperation in TTIP and assesses its challenges and opportunities for consumer protection. It looks at existing regulatory approaches illustrated by reference to a range of case studies drawn from other briefing papers in the TTIP series for IMCO. Based on established practice and on the Commission’s recently published proposal on regulatory cooperation, the briefing eventually discusses the likely approach in the TTIP. Despite desirable opportunities there are also significant challenges of reconciling the different regulatory philosophies ahead. In broad terms it finds that the European Parliament’s regulatory powers will not be affected by the Transatlantic Trade and Investment Partnership, but suggests that the EP will need to ensure that the EP’s priorities shape the TTIP regulatory cooperation agenda and not the other way around.