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EU Inc.: A new harmonised corporate legal regime

commission.europa.eu

11–20 of 99 posts

Re: EU Inc.: A new harmonised corporate legal regime

#11
post #4

Earlier quoted context omitted.

[flagged]

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

[flagged]

Re: EU Inc.: A new harmonised corporate legal regime

#13
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

Sounds like EU deliberately evil?

Re: EU Inc.: A new harmonised corporate legal regime

#15
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

[deleted]

Re: EU Inc.: A new harmonised corporate legal regime

#16

The only antidote to bureaucracy is more bureaucracy.

Well, this part of bureaucracy tries to provide a single bureaucracy instead of 27 different ones.

I think the question really is: What's better? One giant bureaucracy or 27 smaller (and competing) bureaucracies?

Re: EU Inc.: A new harmonised corporate legal regime

#18
post #9

Earlier quoted context omitted.

That obviously makes no sense. A club isn’t a sovereign entity just because it has rules. Hungary is free to leave the EU and set a border policy that conflict with EU law if it wishes - but if it wants to remain part of that organisation, particularly one that has open borders thorough The Schengen area, then of course it needs to follow the rules.

As UK showed, leaving EU is hard and EU will fight you on it as well as seek to penalize you

EU didn't fight UK. UK fought EU to not lose their exorbitantly privileged status and benefits while leaving the club itself. They wanted to have their cake and eat it too. When they realized and decided that they will get none of the benefits, the finalization of the exit took merely weeks. EU is a huge privilege / opportunity for smaller countries. EU-6 doesn't need the other ones to be the second biggest market. If Hungarians want out, it can be done by the end of 2026 and you can enjoy being a proper vassal to neo-Soviets by 2027.

Re: EU Inc.: A new harmonised corporate legal regime

#20

Earlier quoted context omitted.

Well, this part of bureaucracy tries to provide a single bureaucracy instead of 27 different ones.

I think the question really is: What's better? One giant bureaucracy or 27 smaller (and competing) bureaucracies?

Well, we've proven the 27 smaller, competing bureaucracies are creating plenty of their own issues. It's not like the US where 50 states (and yet more territories) actually compete on simplifying corporate law and offering strategic advantages.

Corporate law is inherently somewhat bureaucratic; better simplify it and unify it if proven necessary.

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