Document Type

Article

Disciplines

International Law

Abstract

Ever since its entry into force on January 1, 1958, the most fundamental objective of the Treaty on the European Economic Community (EEC Treaty) has been the establishment of a common market. This project of economic integration involved, inter alia, the realization of the socalled four basic freedoms, i.e. the free movement of goods, persons, services and capital between the Member States of the Community, the institution of a system ensuring that competition in the common market is not distorted as well as the approximation of the laws of Member States to the extent required for the proper functioning of the common market. This concept was partially upgraded by the Single European Act which on July 1, 1987, added the objective of achieving an internal market with the abolition of all internal frontiers within the Community to be accomplished by the end of 1992. The Maastricht Treaty on the European Union, which entered into force on November 1, 1993, has in substance not changed the scope of any of the provisions which are relevant for topic of this treatise, but the name of the European Economic Community (EEC) has been changed into European Community (EC) so that one henceforth has to speak of the EC Treaty' instead of the EEC Treaty.

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