Compose a 2000 words assignment on european community law. Needs to be plagiarism free! The second treaty of Rome 1957 established the European Economic Community (EEC), now contained in the treaty of European Union 1992, consolidated into the treaty of Amsterdam.
These are laws approved by the institutions of the European Union through the procedures defined within the treaties. This is mainly concerned with economic matters such as free trade, agriculture, and transport. They represent the bulk of community legislation. This legislation most affects business and consumers. For instance Regulation (EC) No 261/2004 of the European Parliament and of the Council of 11 February 2004, establishing common rules on compensation and assistance to passengers in the event of denied boarding and cancellation or long delay of flights.
i) EU regulations: these are of general application in their entirety and directly applicable in all member states without the need for further legislation. They confer individual rights and duties which the national courts of the member states must protest. The object is to obtain uniformity of law throughout the member states.
ii) EU directives: they are binding on all member states as to the objectives to be achieved within a certain time limit and member states must adopt measures to meet the stated objectives.