(Justin)

Tech nerd from Sweden

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  • 8 Comments
Joined 2 years ago
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Cake day: June 10th, 2023

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  • Justin@lemmy.jlh.nametoYUROP@lemm.eeTariff!
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    10 days ago

    The regulation text says that the measures are enacted by the European Commission putting out an implementing act. Article 7 says that they may repeal the implementation if the third country resolves the conflict. So it seems that they can only remove the measures if the third country gives up.


  • Justin@lemmy.jlh.nametoYUROP@lemm.eeTariff!
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    10 days ago

    This seems to be referencing Regulation (EU) 654/2014, an EU law which allows the EU to unilaterally enact countermeasures against countries that break the WTO’s rules.

    The countermeasures listed in article 5 are:

    • Imposing tarriffs and customs duties
    • Trade restrictions/quotas
    • Cancelling contracts between the EU and the target country
    • Cancelling the target country’s intellectual property rights (e.g. patents/copyrights)
    • Banning public procurement from the target country
    • Implementing price penalties for public procurement from the target country

    The law was amended in Regulation (EU) 2021/167 in response to the Trump (and now Biden) administrations blocking the appointment of judges to the WTO and using a loophole to kill the WTO’s enforcement mechanism.

    More context from the EU parliament:
    https://www.europarl.europa.eu/RegData/etudes/BRIE/2020/652021/EPRS_BRI(2020)652021_EN.pdf

    The fact that the EU can just suspend American patents and copyrights is pretty insane. Could be some huge benefits for European companies and movie pirates.