| Author (Corporate) | European Parliament: European Parliamentary Research Service |
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| Publisher | EU |
| Series Title | Study |
| Series Details | September 2016 |
| Publication Date | September 2016 |
| ISBN | 978-92-846-0106-6 |
| Content Type | Report |
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Please note: Each EPRS Study is assigned a DOI (digital object identifier), which is a safe and long term way of ensuring a hyperlink to the full text of this report. However, when ESO creates this record, on occasion the DOI still has not been activated by the EU Bookshop. If you find the source url hyperlink does not work please use the alternative location hyperlink listed as a related url.Transatlantic regulatory patterns overall and in four key sectors: food, automobiles, chemicals, and pharmaceuticals indicate that the EU risk regulation is not always or generally more stringent or precautionary than the US regulation. In fact, the reality is a complex mix of parity and particularity. While there is overall EU-US similarity, there is also variation. In some risk matters, and across and within sectors, there is more precaution in Europe, whereas in others it may be in the US. Even if they are unusual deviations, and even if they go in both directions, transatlantic regulatory differences can still pose barriers to trade that may in some cases warrant harmonisation. However, regulatory variation can also be the basis for learning to improve future regulatory design, both by comparing outcomes across regulations in different jurisdictions, and by planning adaptive regulation over time. International regulatory cooperation does not simply mean adopting the current standard of one side or the other. It can also involve collaboration to reviewing existing regulations and designing new approaches that improve outcomes for all. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2861/45059 |
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| Countries / Regions | Europe, United States |
