Multinational Corporation from the Perspective of European Union Internal Market Law

‘Multinational corporation’ is a challenging topic of the day which ignited a hot debate among legal writers, that, despite the prosperity it has for investee countries, has instigated grave concerns in the fields of environmental law, human rights, etc. The approach of countries in governance and control of this ilk of company through enactment has not constantly been identical, and this issue is the ancestor of disharmony in legal literature over how to accord with this company. Contemplating the European Union law, as a preeminent organization in the sphere of modern legislation and embodying countries with distinct legal systems encompassing civil law and common law, which has successfully attained an integrated and satisfactory legal system is worthwhile so as to cognize the approach of European legislators towards multinational companies. Though in the European Union, no explicit law for ‘multinational corporation’ has been ratified, this study attempts by scrutinizing the laws and regulations at diverse stages of this union to excerpt contents that correspond with the institution of ‘multinational corporation’ and to ascertain what viewpoint the European Union authorities have towards ‘multinational corporation’ and what are boundaries and framework that can be drawn for it through the compilation of various European regulations. Studying EU laws concerning the status of multinational corporations can be a great inspiration for our country's domestic legislation.