Quote:
Thank you for the detailed explanation,rep+ Originally Posted by Carniflex 
Their main option is to not comply, but it's possible they may opt to not mess as it can get pretty ugly. As far as I understand what this court decides is final, it has one judge from each EU country in it and it has power to declare laws put in place by member states void if it finds these violate EU base treaties. Thats pretty high in the legal hitting power.
As far as international companies go and possible actions in the case of non compliance then... no large company so far has decided to see what really happens. I guess it would be pretty bad for business if you are banned from operating within EU, not to mention, it might be very tricky to manage your money if it must avoid any banks operating within EU.
Anyway.

Their main option is to not comply, but it's possible they may opt to not mess as it can get pretty ugly. As far as I understand what this court decides is final, it has one judge from each EU country in it and it has power to declare laws put in place by member states void if it finds these violate EU base treaties. Thats pretty high in the legal hitting power.
As far as international companies go and possible actions in the case of non compliance then... no large company so far has decided to see what really happens. I guess it would be pretty bad for business if you are banned from operating within EU, not to mention, it might be very tricky to manage your money if it must avoid any banks operating within EU.
Anyway.
Quote:
http://europa.eu/about-eu/institutions-bodies/court-justice/index_en.htm - link the the page explaining what this thing is.The Court of Justice interprets EU law to make sure it is applied in the same way in all EU countries. It also settles legal disputes between EU governments and EU institutions. Individuals, companies or organisations can also bring cases before the Court if they feel their rights have been infringed by an EU institution.







. It will be interesting to see how things play out.