An expert group established by the European Commission has today delivered a feasibility study on a future initiative on European contract law.

The study covers the most relevant practical issues in a contractual relationship, such as legal rights for faulty goods and rules on which contract terms may be unfair.

Following today’s publication, interested parties can send their feedback on the individual articles drafted by the expert group until 1 July 2011.

The Commission will take into account this input, as well as the results of a public consultation concluded in January 2011.