Regulating cross-border trade by soft law? The "Florence process"in the supranational governance of electricity markets
B. Eberlein
Competition and Regulation in Network Industries, 2003, vol. 4, issue 2, 137-156
Abstract:
This article assesses the contribution of soft, informal modes of governance to the creation of the Single Electricity Market in the European Union. It provides a detailed analysis and assessment of the so-called Florence Forum, an informal regulatory body or network designed to coordinate national rule-making in view of achieving a truly integrated internal market in electricity. I argue that the Florence Forum, like other informal modes of governance, should not be assessed in isolation but as integral part of the larger framework of EU decision-making. This perspective reveals that informal or soft modes of governance are often combined with formal avenues of EU decisionmaking. These combinations, such as transnational informal dialogue “in the shadow of supranational hierarchy†, can enchance the overall effectiveness of EU decision-making.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:sen:journl:v:4:i:2:y:2003:p:137-156
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