- Volume 11 (2016), Issue 4
- Vol. 11 (2016), No. 4
- >
- Pages 263 - 269
- pp. 263 - 269
Public Procurement within the Framework of a Transatlantic Trade and Investment Partnership
Companies established in the EU and the US can currently bid for government contracts awarded by contracting authorities located on the other side of the Atlantic. Nevertheless, not all of them may do so due to various restrictions concerning the value, the scope and the coverage of the contracting authorities. Consequently, the competition is often restricted due to the de jure and de facto preferences for locally-established companies. Upon the successful conclusion of negotiations of TTIP the scope, the size and the value of government contracts open for competition will increase, whereas the number of obstacles will decrease.