The following article was originally published by Bloomberg BNA and is reproduced with permission from BNA Daily Report for Executives, Vol. 2014, No.141, (July 23, 2014). Copyright 2014 The Bureau of National Affairs, Inc. (800-372-1033) www.bna.com.
The Transatlantic Trade and Investment Partnership that U.S. and European Union negotiators are currently discussing would, among other things, promote greater collaboration between regulators on both sides of the Atlantic. Author Reeve T. Bull, attorney adviser with the Administrative Conference of the United States, says that concerns that the pact would undercut regulatory protections in the U.S. and the EU are overblown. Far from creating a regulatory ‘‘race to the bottom,’’ he argues that TTIP may offer the best hope for the U.S. and the EU to promote a coherent regulatory agenda that will serve as a model for developed and developing nations alike.
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