General policy
framework
The
single market is all about bringing down barriers and simplifying existing rules to enable everyone
in the EU - individuals, consumers and businesses -
to make the most of the opportunities offered to them
by having direct access to 27 countries and 480 million
people.
The cornerstones of the single market
are often said to be the ‘four freedoms’ - the
free movement of people, goods, services and capital.
These freedoms are enshrined in the EC Treaty and form
the basis of the single market framework. But what do
they mean in practice for everyone in the EU?
- Individuals: the right to live, work, study
or retire in another EU country
- Consumers: increased competition leading
to lower prices, a wider choice of things to buy and
higher levels of protection
- Businesses: much easier and cheaper to do
business across borders
If you would like to know more about
how the single market came about, then please see our historical
overview.
The single market is also enabled
by additional laws (‘Directives’) that bring
down further barriers in specific areas and are implemented
at national level by Member States themselves.
Of course, it is vital that Member
States adopt these laws both on time and correctly.
If they do not, then everyone loses out. Please see monitoring
and reporting for more information on how we ensure
that Member States do what they have agreed to do.
The single market is not merely inward-looking
- virtually all single market policies have to some
extent an international aspect. Read more in external
dimension about how we represent and promote single
market principles worldwide.
Yet, despite its achievements so far,
the single market is not complete. Read more in completing
the single market about what still has to be done. |
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Single Market Legislation at a glance |
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Legal foundation:
see the Treaty on European Union (article
3,
paragraph
3) and the Treaty on the Functioning of the European Union (articles
21, title I,
26,
28,
29, title IV, title V,
articles
114,
115)
Legislation
in force: see the
list
of Internal Market directives. You can also
see the following chapters of the Community legislation
directory on EUR-Lex:
Legislation
in preparation: you can monitor the
decision-making process between EU institutions
by searching in PreLex.
See also the pending proposals page. |
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