An Optional European Contract Code in the Institutional Competition between European Contract Laws -- Assessment of the Desirability of an Optional European Contract Law -- Evaluation of the European Commission's Impact Assessment Accompanying the Proposal for a Regulation on a CESL.

Purpose: In some political and economic situations, it may be desirable to have a company that operates with a legal structure that is midway between the two extreme poles of the private sector (i.e. privatisation) and the public sector (i.e. nationalisation). In such situations none of the...