It can no longer be denied that the centre of gravity in labour relations worldwide has shifted from governments to multinational companies and financial institutions. Accordingly, in contrast to traditional è^-international lawè^-, which focuses on relations among nations and how they apply international conventions, a new approach is required: one of è^-transnational lawè^-, which implies a horizontal perspective across world institutions, revealing new formulas of private regulation of economic and production relations. Nowhere is this perspective more important than in the applications of labour law.