2007-12-18

mindstalk: (beardless)
US bans online gambling. Antigua successfully got damages from the WTO. US isn't paying, and Antigua can't afford to raise tariffs on US goods. Antigua suggests waiving intellectual property protection of US IP in Antigua to make up the fine. US: "waaah!" US invokes a "this isn't subject to WTO rules" option, which sounds like Britain's opt-out abilities in the EU the name of which I forget, and which could make a mockery of the WTO if heavily used.

http://www.iht.com/articles/2007/12/16/bloomberg/bxgamble.php

"We would've written a check to Antigua, paid them to go away," said John Magnus, a trade lawyer at Miller & Chevalier in Washington. "Instead, they pressed the point."

Magnus said "the strategy they've pursued is not designed to advance the interests of Antigua. It's pique and anger from some individual businessmen."


Translation: "Why aren't they taking our bribe? Why are they insisting on the rules?"

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