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Yes, they can enforce whatever they want if the punishment is locking that company out of the EU, the largest internal market in the world. No multinational com
by andrepd 6y ago
Yes, they can enforce whatever they want if the punishment is locking that company out of the EU, the largest internal market in the world. No multinational company wants to lose access to such a huge market.
The EU actually has a huge leverage to push things, it just chooses not to exercise that power most of the time.
- blibble 6y agowithout the UK the EU is now the third largest (with the RCEP being first)
- adventured 6y agoThe US and China are now both larger than the EU economy. The RCEP isn't an internal market. In its ideal outcome it's a partial trade agreement, not all-inclusive. In its present condition, given relations between its members keeps getting worse, it's barely a functioning trade agreement at all. The odds are overwhelming it'll rip apart, and soon. See: China vs Australia & Co.