LEXSECURE research insight: What role for the markets in the EU’s broadened security of supply policy?

The first research output of WP3 (Work Package 3), which focuses on the role of EU market regulation on security of supply, has just been made available as an open access article in the Maastricht Journal of European and Comparative Law. The authors analyzed the measures that the EU has taken to secure the availability of critical medical supplies since the outbreak of the COVID-19 emergency. Despite lacking a clear competence on security of supply the EU has managed to take a host of different measures to increase the availability of critical medical supplies. This is partly possible due to the market-based approach to security of supply. The market-based approach is also prevalent in the newly proposed and recently adopted measures that broaden the EU’s security of supply policy to various policy fields. The EU’s security of supply policy is thus based on a market-based paradigm.

See: Tuominen, T., Salminen, M., & Halonen, K.-M. (2022). The European Union’s responses to the COVID-19 crisis: How to fight a pandemic with the internal market. Maastricht Journal of European and Comparative Law, OnlineFirst. https://doi.org/10.1177/1023263X221130182

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