The U.S. and the European Union (which comprises 27 European states and 500 million people) have the largest bilateral trade relationship in the world. About 60% of the world's GDP is generated on the Transatlantic Marketplace. In recent years, this has tremendously heightened the need for a sound understanding of the legal system of the EU, especially for business and technology lawyers.
Responding to this need, this course will, first, examine the internationally unique legal system of the EU as such, as it is applicable to any field of substantive and procedural EU law. Thus, we will look at the legal nature and the different sources of EU law and its relationship with the national law of the EU Member States. We will cover the relevant EU law enforcement actions including state liability issues as well as the jurisdiction of both European Courts and relevant remedies in national courts.
Secondly, we will explore the legal framework of doing business in the EU, from the perspective of a business entity as an internationally operating actor in a European business environment. In this context, we will focus on the most essential fields of EU business law, i.e. (a) the four fundamental economic freedoms of the European Single Market for goods, services, capital and persons, (b) EU competition/antitrust law, as well as (c) EU e-commerce law. A special emphasis will be on how EU business law can be used efficiently from private actors such as companies established outside the EU for their own advantage.
Special Instructions: Grades will be based on class participation and either (1) short reflection papers or (2) an independent research paper with consent of the instructor. Students electing option 1 will receive Writing (W) credit and students electing option 2 will receive Research (R) credit.
This course is open to first-year Law School students.