The functional economy and how it works in practice was discussed at a public hearing, organised on the 8th June by the European Economic and Social Committee. The focus is on the function of the product rather than on the product itself - the functional economy considers how the product can be used most efficiently. "The concept of the functional economy has to be well-defined. We also have to explore the effect it will have on the creation of jobs and the advantages of a long lasting product which can be used by more than one consumer", said the EESC Rapporteur Thierry Libaert in his opening speech.
Sección de Mercado Único, Producción y Consumo (INT) - Related News
The exploratory opinion on the Regulatory Fitness and Performance Program (REFIT) (Rapporteur: Mr. Denis Meynent), was adopted by the EESC at its plenary on 26 May 2016. This opinion follows a direct request from the First Vice President of the European Commission, Mr Timmermans, as the EESC is considered to be well-placed to assess the costs and benefits of the current rules for stakeholders and to suggest REFIT priorities - in particular in the ...
Globally, the volume of trade in the sharing economy is estimated at around EUR 17.8 billion, with rapid annual growth forecast until 2025. In response to a request from the Dutch presidency, the European Economic and Social Committee (EESC) has issued an opinion on the sharing economy and self-regulation which calls on the EU to “urgently define a clear and transparent legal framework within which these activities should be developed and implemented in the European area”.
The Digital Contract Rights opinion (Rapporteur: Mr Pegado Liz, Various Interests Group) was adopted by the European Economic and Social Committee at its plenary session on 27 April 2016.
The opinion addresses the European Commission legislative proposals on the supply of digital content, and on online sales of goods, both envisaged as a package with common objectives, within the context of the Digital Single Market Strategy.
On 31 March, the President of the European Economic and Social Committee (EESC), Georges Dassis, heading a 4-Member delegation, took part in the Fifth European Forum of Social Entrepreneurship in Plovdiv, Bulgaria.
The EESC supports cutting red tape and constraints on small, medium and micro-enterprises through better regulation, but at the same time this process should not mean complete deregulation, warned the EESC during the European Consumer Day on 10 March. Better regulation aims to make rules simple, workable and less costly for users and taxpayers but it is not a dispensation from complying with regulations designed to protect consumers and workers, or from upholding environmental standards.