ABSTRACT. Gómez Pomar presents some preliminary ideas about the potential benefits and costs arising from the process of European Contract Law harmonization for the functioning of the existing national Contract Laws, and for the welfare of European societies. Kerber and Grundmann discuss the advantages and disadvantages of an optional European contract law from an economic perspective. Loos claims that the inconsistencies introduced by the implementation of European directives can be utilized by the legislator in order to reconsider out-of-date concepts in national law.



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