Jump to ContentJump to Main Navigation
Constructing a European MarketStandards, Regulation, and Governance$
Users without a subscription are not able to see the full content.

Michelle Egan

Print publication date: 2001

Print ISBN-13: 9780199244058

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199244057.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 17 June 2019

Conclusion: Governance and Market‐Building

Conclusion: Governance and Market‐Building

(p.260) 11 Conclusion: Governance and Market‐Building
Constructing a European Market

Michelle P. Egan (Contributor Webpage)

Oxford University Press

The conclusion summarizes the difficulties of achieving some form of accommodation between the interests of government, business, and society in constructing a single integrated market. The politics of market building is often a contentious process about the best ways to reconcile regulation and free trade. This involves not only the allocation of authority between different levels of government but also an acknowledgement that the corporate strategies are a major determinant of the nature and direction of European market integration. Using private actors for public purposes, the EU has delegated certain regulatory functions to European standards bodies as a substitute for direct government action. Comparisons with the construction of the American single market reveal a counterpart in the European Union, as both legal and regulatory intervention have been crucial in removing persistent obstacles to trade, and institutional arrangements have involved the strategic use of the private sector to integrate ‘uncommon’ markets.

Keywords:   corporate strategy, delegation, European standards, European Union, free trade, governance, market integration, regulation, single market, USA

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .