Common Market

E41752

economic integration organization predecessor of the European Union regional organization supranational organization

The Common Market, formally known as the European Economic Community, was a regional organization that aimed to integrate the economies of its European member states through a common market and customs union, laying the groundwork for today’s European Union.

Statements (51)

Predicate	Object
instanceOf	economic integration organization → predecessor of the European Union → regional organization → supranational organization →
aimedTo	create a common market among member states → ensure free movement of capital → ensure free movement of goods → ensure free movement of services → ensure free movement of workers → establish a customs union → promote economic integration in Europe →
alsoKnownAs	Common Market →
cameIntoForce	1958-01-01 →
dissolvedOrTransformed	1993-11-01 →
foundedByTreaty	Treaty of Rome →
foundingDate	1957-03-25 →
foundingMembers	Belgium → France → Germany → Italy → Luxembourg → Netherlands →
hasOfficialLanguage	Dutch → French → German → Italian → other official EU languages over time →
headquartersLocation	Brussels →
influenced	European integration process → development of the European single market →
legalBasis	Treaty establishing the European Economic Community →
locatedIn	Europe →
memberState	Austria → Denmark → Finland → Greece → Ireland → Portugal → Spain → Sweden → United Kingdom →
officialName	European Economic Community →
partOf	European Communities →
policyArea	common agricultural policy → common trade policy → competition policy → transport policy →
shortName	EEC →
successor	European Community →
transformedInto	first pillar of the European Union →
ultimateSuccessor	European Union →

Referenced by (2)

Subject (surface form when different)	Predicate
Common Market → European Economic Community →	alsoKnownAs