| gen. |
harmonization of law (In relation to the European Union, harmonisation of law (or simply "harmonisation") is the process of creating common standards across the internal market. Though each EU member State has the primary responsibility for the regulation of most matters within their jurisdiction and consequently each has its own laws. Harmonisation aims to: create consistency of laws, regulations, standards and practices, so that the same rules will apply to businesses that operate in more than one member State, and so that the businesses of one State do not obtain an economic advantage over those in another as a result of different rules. reduced compliance and regulatory burdens for businesses operating nationally or trans-nationally. An objective of the European Union to achieve uniformity in laws of member states is to facilitate free trade and protect citizens. WK Alexander Demidov); harmonisation (the act of bringing the laws of multiple jurisdictions in line with each other: Spain has backed Britain in its dispute with Germany and France over the proposed harmonisation of EU taxes. American English ⃝ harmonization Phrase Bank ⃝ The treaty requires harmonisation of laws. ⃝ There is a movement toward harmonisation of accounting standards. ⃝ There are obstacles to the harmonisation process in the European Union. ⃝ The global harmonisation of automobile standards has made importing easier. Additional Notes ⃝ In the EU, when national laws are harmonised, they are made consistent in all member states. TED Alexander Demidov) |
