ABSTRACT

This chapter deals with private law, it has a heavy emphasis on regulation, and it proceeds in a somewhat tortuous way through consumer, commercial and purely private transactions. It concerns the transformation of the commercial law of contract are elaborated somewhat. The chapter considers the possibility of networked thinking in cases like The Eurymedon where a number of commercial contracts are connected. It explores some reflections are offered on the vulnerability of some smaller network players. The chapter explores the principal conclusions with regard to network contracts and network effects. In the absence of any obvious reasons for public interest restriction on networks, the trajectory of the modern law seems to be towards making it easy for contractors to opt for networks and network effects. Contractual obligation is at its purest where the parties freely and explicitly agree to deal in accordance with certain framework rules.