The ongoing negotiations between the EU and the US about the Transatlantic Trade and Investment Partnership (TTIP) have stimulated a highly controversial debate among policy makers, industry representatives as well as civil society.
In a study conducted for the Friedrich Ebert Foundation, Dr Jana Diels and Prof Dr Christian Thorun evaluate the current status of the negotiations and the societal discourse about TTIP with regard to their potential implications for consumers in four relevant consumer markets. The study concludes that TTIP bears the potential to increase consumer welfare – depending on the respective consumer market and the instrument applied to lower existent trade barriers. Yet, minimum requirements for a transatlantic regulatory cooperation need to be respected and a change of mentality concerning the conduct of negotiation is imperative.
Further information can be found here.