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.
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.
If EU did that, it would probably result in equal retaliation. It would mean that all patents and IP would become local. Stealing these things from others continents would become fair game, which would make patents and IP almost completely pointless.
Could we please try that out? Sounds like an interesting scenario.
There’s also other fun regulations like it being illegal for EU companies to comply with US sanctions on Cuba. If they ever hit a roadblock of any kind they’re required to contact the EU commission who will help out in the form of civil servants specialised in sanction busting.
The EU would need to have the balls first. USAian propaganda has seeped into this continent for so long that it has affected the populace deeply. If the EU did something to threaten iPhone, WhatsApp, or Starbucks availability in the EU, that would be cause for an uprising.
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:
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.
❤️“Cancelling the target country’s intellectual property rights” ❤️
If EU did that, it would probably result in equal retaliation. It would mean that all patents and IP would become local. Stealing these things from others continents would become fair game, which would make patents and IP almost completely pointless.
Could we please try that out? Sounds like an interesting scenario.
Stop, I can only get so erect!
There’s also other fun regulations like it being illegal for EU companies to comply with US sanctions on Cuba. If they ever hit a roadblock of any kind they’re required to contact the EU commission who will help out in the form of civil servants specialised in sanction busting.
The EU would need to have the balls first. USAian propaganda has seeped into this continent for so long that it has affected the populace deeply. If the EU did something to threaten iPhone, WhatsApp, or Starbucks availability in the EU, that would be cause for an uprising.
Lol, did you notice you can opt out of tracking cookies on Meta, or that iPhones have USB-C connectors?
EU regulations got some pull. And also give a fair few fines.
What’s cited is a little bit more than those regulations, homie.
Agreed, and as EU has a history of enforcing regulations, even against the “untouchables” you mentioned, I have expectations that they will again.
Signal is simply just better than whatsapp, and I don’t think starbucks would be affected. I guess Apple could OTA brick iphones though, true.
Signal has better privacy and that’s why I’m using it, but that’s where the advantages end. It’s far less reliable. Most people are using WhatsApp.