Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-429-500"

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"I abstained from voting on this report because, according to the rapporteur, complexity in contractual relations is one of the most evident impediments that consumers and small and medium-sized enterprises (SMEs) face in the Single Market. Hence, the proposal to establish a common European contract law, which would benefit consumers and help ensure increased cross-border trade within the Internal Market. According to the rapporteur, all parties, be it in business-to-business (B2B) or business-to-consumer (B2C) transactions, should be free to choose or not to choose the optional instrument (OI) as an alternative to national or international law (opt-in). Further attention is required to ensure that the OI offers protection to consumers and small businesses given their position as the weaker commercial partner and that any confusion is avoided when making a choice of law. I abstained from voting because the EU recently adopted the Rome I Regulation, which regulates this area and defends consumer rights well, whereas this proposal is purely based on the UK situation and would only cause turbulence and increased bureaucracy."@en1

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