
Please try another search
BRUSSELS (Reuters) - The European Union on Thursday launched legal action against Britain's new Internal Market Bill on the grounds that it undercuts London's earlier legal commitments under its Brexit divorce treaty, the head of the bloc's executive said.
Such so-called infringements could lead to hefty fines being imposed by the EU's top court but that takes years, leaving plenty of time for the UK to change tack.
London now has one month now to reply to a formal letter of complaint from the Commission, which will then assess whether the answer is satisfactory and can then request that the UK falls back in line. If that fails, it can sue at the Luxembourg-based European Court of Justice.
The move comes as British and EU negotiators struggle to close the gap on state aid in parallel trade negotiations that have been overshadowed by the new controversy over the Internal Market Bill.
Responding to the EU's legal case, Britain said it had "clearly set out reasons" to change its Brexit treaty provisions on the sensitive Irish border under the new Internal Market Bill.
"We need to create a legal safety net to protect the integrity of the UK's internal market, ensure ministers can always deliver on their obligations to Northern Ireland and protect the gains from the peace process," a British government spokesman said.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.