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**Hugh** · 28-01-2019, 20:17

Quote:

Originally Posted by Pierre

What is she talking about then? Trading on WTO terms is the default baseline, is she proposing that we will have less than that? If so she’s no specialist.

This debate really brings out the thickos.

---------- Post added at 19:40 ---------- Previous post was at 19:38 ----------

No because a 250 assembly would be about as representative as kick in the balls. One of the worst ideas ever.

You must have missed this bit in the article...

Quote:

There are two apparently insurmountable hurdles to the UK trading on current WTO tariffs in the event of Britain crashing out in March, said Howard.

Firstly, the UK must produce its own schedule covering both services and each of the 5,000-plus product lines covered in the WTO agreement and get it agreed by all the 163 WTO states in the 32 remaining parliamentary sitting days until 29 March 2019. A number of states have already raised objections to the UK’s draft schedule: 20 over goods and three over services.

To make it more complicated, there are no “default terms” Britain can crash out on, Howard said, while at the same time, the UK has been blocked by WTO members from simply relying on the EU’s “schedule” – its existing tariffs and tariff-free trade quotas.

The second hurdle is the sheer volume of domestic legislation that would need to be passed before being able to trade under WTO rules: there are nine statutes and 600 statutory instruments that would need to be adopted.

The government cannot simply cut and paste the 120,000 EU statutes into UK law and then make changes to them gradually, Howard said. “The UK will need to set up new enforcement bodies and transfer new powers to regulators to create our own domestic regimes,” she said.

I think she might know a bit more than you on Trade and Competition Law

Quote:

Anneli is a senior junior with extensive experience in EU and UK competition law. In 2018 she was recognized as the Legal 500 “Junior Barrister of the Year” for EU/Competition, having been nominated as “Junior of the Year” in the 2014 Chambers Bar Awards. She is Standing Counsel to the Civil Aviation Authority on competition, regulatory and EU matters.

She advises both commercial clients and regulators on a wide range of domestic and EU antitrust, competition and regulatory issues, including cartels, leniency, complaints,commitments and settlement procedures,abuse of dominant position, exclusivity, online restrictions,distribution agreements and state aid. Anneli also acts for private parties in injunction and competition damages claims under Articles 101 and 102 in the CAT, Chancery Division and Commercial Court.

She has a sound grasp of economic concepts across the breadth of competition law, from market definition to market power assessments, theory of harm, counterfactual analysis and objective. She has in depth familiarity with UK and EU competition law practice and procedure as shown by her contributions to the leading text book Bellamy & Child European Community Law of Competition (Co-Author of Chapter 16 “Litigating Infringements in National Courts”), Competition Litigation in the UK (Sweet & Maxwell) and Judicial Control in the EU (OUP 2004). She is Co-editor of UK Competition Procedure: the Modernised Regime (OUP 2007) and has contributed various articles on the forthcoming Damages Directive.

Anneli has appeared on behalf of private clients and regulators before the Competition Appeal Tribunal, Commercial Court, Chancery Division and Court of Appeal as well as the European Commission in Brussels and the General Court and Court of Justice in Luxembourg. She has defended large corporations such as Visa, Orange and BT as well as acted for commercial operators seeking stand-alone or follow-on damages and/or injunctive relief.