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Thread: EU finds that US ban violates WTO rules

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    EU finds that US ban violates WTO rules

    http://www.cnbc.com/id/31207317?__so...S*tag*&par=RSS

    BRUSSELS - The European Union urged the United States on Wednesday to open talks on scrapping a ban on foreign online gambling companies, saying it breaks global trade rules.

    The EU says it could seek compensation from the World Trade Organization because the 2006 ban unfairly prevents foreign Internet gambling sites from operating in the United States.....
    jetset

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    I receive FSC web updates and statements via email, this was in yesterday's mail:



    June 10, 2009



    Frank Statement on European Commission’s Report on U.S. Internet Gambling Laws



    Washington, DC – Financial Services Committee Chairman Barney Frank released the following statement in response to a European Commission report released today that investigated U.S. internet gambling laws and their enforcement against European Union companies. The report concludes that the U.S. measures constitute an obstacle to trade that is inconsistent with World Trade Organization (WTO) rules. It also concludes that U.S. laws deny access and discriminate against foreign suppliers of gambling and betting services inconsistently with U.S. WTO obligations.



    “This is further argument for repealing the law which currently restricts the personal freedom of American adults to gamble online. This report particularly shows the inconsistency of the Bush Administration, which frequently argued we had to abide by the WTO even when it cost American jobs, but ignored the WTO when it didn’t fit the conservatives’ ideological beliefs.”
    Alice: But I don't want to go among mad people.
    The Cat: Oh, you can't help that. We're all mad here. I'm mad. You're mad.

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    These same arguments have been going on since the UIGEA was passed.

    The only difference and new hope now is the Obama administration. Maybe just maybe they could get this one right...

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