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"Introduction" [2016] ELECD 917; in Bovis, Christopher (ed), "Research Handbook on EU Public Procurement Law" (Edward Elgar Publishing, 2016) 1

Book Title: Research Handbook on EU Public Procurement Law

Editor(s): Bovis, Christopher

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781781953259

Section Title: Introduction

Number of pages: 32

Abstract/Description:

The intellectual paternity of public procurement regulation can be traced in a neo-liberal economic approach to market integration. Public procurement in the European Union has been significantly influenced by the internal market project. The White Paper for the Completion of the Internal Market and the Single European Act provide for the conceptual foundations of the regulation of public markets of the Member States. The identification of public procurement as a major non-tariff barrier has revealed the economic importance of its regulation. Savings and price convergence appeared as the main arguments for liberalizing the trade patterns of the demand (the public and utilities sectors) and supply (the industry) side of the public procurement equation. The economic approach to the regulation of public procurement aims at the integration of public markets across the EU.