LEGAL RISKS IN EU PRIVATE LAW
Legal risks affect the EU internal market. During the development of EU private law, EU institutions failed to manage legal risks, having for consequence to contribute to legal uncertainty for individuals willing to act on the internal market. We have reached a point where EU institutions are managing legal risks they produced themselves when trying to manage legal risks deriving from diversity of MS private laws.
Nowadays, it is getting more and more difficult for EU's authorities to regulate in various areas of private law having in mind the constraints imposed by EU principle of subsidiarity.
The focus of this Working Group is made on the identification of legal risks in EU private law and the impacts of such legal risks on legal certainty. The Group's third objective is then to develop new approaches to management of legal risks in such area.