The business and market sector in the crisis

[tanjimajuha20]

Trade negotiations and international agreements, such as the RCEP or the AEU, are redefining the international legal landscape , and requiring companies to adapt to new applicable rules. In this context of rapid transformation, international business law must adapt quickly. This requires a certain responsiveness on the part of legislators and requires close collaboration between States, international organizations and economic actors in order to develop a stable, transparent legal framework that is conducive to economic growth and sustainable development.


The current crisis, whether belize phone data health, geopolitical or energy-related, has revealed the limits of business law and made reforms imperative to better serve businesses and markets. In 2023, France adopted the PACTE law to simplify the process of creating businesses and relax governance rules, while in 2024, a public consultation is launched to reform the law on collective procedures. This is with a view to modernizing the tools for preventing and controlling business difficulties.

Faced with these unexpected challenges, companies have diversified their sources of supply to cope with raw material shortages, reduced costs by streamlining processes and invested in optimization technologies. They have also innovated by developing new products and services to respond to changes in consumer behavior , while accelerating their digital transition to improve their efficiency and competitiveness. Finally, strengthening communication with customers and partners has proven essential to maintain trust and reassure markets in times of crisis.

These new corporate behaviors therefore logically arouse the interest of the legislator, who sees here the opportunity to modernize legal rules that are sometimes obsolete in view of the evolution of the global context. Thus, if companies are the first victims of crises, they are then the first to benefit from new regulations. In this sense, the company is a bit of a barometer of the adaptation of the national economy to an international crisis.

A company at the heart of reforms
The simplification of corporate law in 2024 has become a necessity for several reasons. First of all, it would significantly reduce the administrative burden on French companies, freeing up time and resources for more productive activities.

Second, a simplification of the legal framework would promote the competitiveness of companies on international markets, thus stimulating foreign investment and job creation. Furthermore, by making the process of creating companies more accessible and less restrictive, it would encourage entrepreneurship and boost the national economy.