https://legal.excellentwiki.com/eu/contract-law/ Recent content in Contract Law on ExcellentWiki - Legal Encyclopedia Hugo en-US Sun, 05 Jul 2026 00:00:00 +0000 https://legal.excellentwiki.com/eu/contract-law/eu-contract-law/ Sun, 05 Jul 2026 00:00:00 +0000 https://legal.excellentwiki.com/eu/contract-law/eu-contract-law/ <h2 id="character-and-legal-basis">Character and Legal Basis</h2> <p>The European Union does not have a comprehensive autonomous contract law. EU competence is sector-specific, exercised through directives and regulations under Articles 114 and 115 TFEU. Article 114 — internal market approximation — is the primary basis for consumer contract directives. Article 115 (unanimity) governs broader company law and private international law. The EU&rsquo;s contract law acquis is a body of largely consumer-protective measures operating alongside, not replacing, national contract law. Member States implement directives, resulting in convergent but not identical national rules.</p>