Business-to-business transactions: a comparative analysis of legal measures vs. soft-law instruments for improving payment behaviour (2016-2018)
Client: DG Growth-Internal Market, Industry, Entrepreneurship and SMEs
The aim of the study is to provide an in-depth assessment of measures, both regulatory and voluntary, that have been put in place in the Member States to address the problem of late payment in commercial relations between undertakings (B2B). The ultimate result will be EU-wide qualitative and quantitative data that will enable the Commission:
- To assess whether the current EU legal framework on late payments in the B2B area is still fit for purpose,
- To provide public authorities, businesses and SMEs with concrete recommendations for building a responsible payment culture in the EU.
More specifically the objectives of this contract are: (a) To carry out a mapping and analysis of the most critical issues that result in delaying payments in B2B transactions; (b) To carry out a mapping and analysis of the measures put in place by Member States to prevent or counteract the issues identified above; (c) To identify concrete Recommendations.