EFTA Surveillance Authority | Practical Law

EFTA Surveillance Authority | Practical Law

EFTA Surveillance Authority

EFTA Surveillance Authority

Practical Law UK Glossary w-016-6185 (Approx. 3 pages)

Glossary

EFTA Surveillance Authority

Responsible for monitoring compliance with the Agreement on the European Economic Area (EEA Agreement) in Iceland, Liechtenstein and Norway, enabling those states to participate in the internal market of the European Union (EU).
The EFTA Surveillance Authority (ESA) is independent of the states and safeguards the rights of individuals and undertakings under the EEA Agreement, ensuring free movement, fair competition and control of state aid.
In monitoring and enforcing the EEA Agreement, ESA has powers that correspond to those of the European Commission in the EU. The two institutions oversee the application of the same laws in different parts of the EEA.
For more information, see the ESA website.