This study aims to assess the key considerations surrounding the creation of an optional, supranational legal framework designed to enhance economic integration and reduce regulatory fragmentation for companies operating within the European Union. Rather than navigating the complexities of 27 national legal systems, businesses would have the choice to opt into a harmonised 28th regime, providing greater legal certainty, efficiency and innovation-friendly conditions.
The study will evaluate the feasibility, benefits and challenges of such a framework, examining its potential to foster economic growth and business dynamism. It will also include an assessment of the economic and legal implications, drawing insights from previous legislative initiatives at the EU level. Finally, the study will propose implementation strategies and governance structures to support the successful adoption of a 28th regime, ensuring it serves as a viable and effective alternative for businesses across the EU.
The study has three main objectives:
► To analyse the potential impact and feasibility of introducing a 28th regime in the EU, focusing on its ability to reduce transaction, compliance and regulatory costs for businesses, particularly SMEs, while also addressing concerns raised by Member States and other stakeholders.
► To provide a comprehensive assessment of the advantages and challenges associated with such a legal framework.
► To develop policy recommendations that will support the Employers’ Group in their institutional dialogues with the European Commission and the European Parliament.
