'Juncker Plan' could mean EU investment bulge

Subject The possible economic impact of the EU investment plan (the 'Juncker Plan'). Significance The EU investment plan launched by European Commission President Jean-Claude Juncker just over a year ago has made a slow start. This will encourage doubts that have existed since the scheme's inception about its operation and likely impact. Impacts Even by 2020, the EU economy will still probably require every effort to boost growth and make up for lost investment. Given continuing strong demand for high-grade bonds and equity investments, it should be possible to achieve the fundraising target. The plan could become a vehicle for Chinese investment into the EU: China is talking of 5-10 billion euros in future investments. The geographical distribution of funded projects could be politically sensitive within the EU. The plan could come under scrutiny during the UK EU referendum campaign; UK projects may come too late to have an impact before the vote.

Subject The government's preferred timetable for the UK referendum on EU membership. Significance The EU membership referendum will be a major event in both EU and UK political and commercial life. Prime Minister David Cameron's official position is that the poll could take place any time before end-2017. He is less concerned about the likely outcome of the referendum, which he is confident will produce an 'in' result, than about achieving a margin in favour of membership that decisively settles the question and minimises the damage to the Conservative Party arising from the process. Impacts The most likely referendum date is September 15, 2016. This timetable would make the key renegotiation period the first half of 2016, when the sympathetic Dutch government chairs the EU Council. The German government would also prefer the UK referendum to be dealt with relatively quickly.


Significance Proposed measures include a plan outlined by European Commission President Jean-Claude Juncker in September, wherein the EU would oblige technology firms to remove terrorist and extremist content within one hour of being notified by the authorities or face fines of up to 4% of their annual turnover. Impacts Social media firms will invest more in automated filters -- regardless of their drawbacks. Removing extremist online content may impair law enforcement work by limiting their access to relevant materials and networks. Terrorist and extremist outfits will adapt to evade filters.


Significance The meeting took place against a background of persisting tensions between European authorities and the mainly US-owned digital giants over questions of data protection and privacy. Impacts Concerns that the procedures have not been properly tested to establish whether EU citizens’ data is properly protected will persist. The prospects for Privacy Shield may set a precedent for post-Brexit data relations between the United Kingdom and the EU. This could jeopardise the UK data protection regime's changes of being deemed “adequate” by the European Commission.


Author(s):  
Uwe Puetter

The chapter focuses on the implications of Brexit on the EU inter-institutional balance, and inter-state relations, and argues that not much change is to be expected here. According to Puetter, the UK already dramatically reduced its engagement inside the EU institutions. It isolated itself within the European Council and it was the only Member State together with Hungary to vote against the appointment of Jean-Claude Juncker as Commission President in 2014. The UK lost influence in the European Parliament as a result of David Cameron’s decision to take the Conservative party out of the European Peoples’ Party. Brexit may make room for greater roles for countries like Italy and Spain, yet, the German–French axis will probably remain dominant. Puetter suggests that the inter-institutional equilibrium within the EU will not change. Brexit is unlikely to shift the balance from the European Council back towards the European Commission.


2019 ◽  
Author(s):  
Ebtisam Saleh Aluthman

This paper presents a critical account of the representation of immigration in the Brexit corpus—a collective corpus of 108,452,923 words compiled mostly from blogs, tweets, and daily news related to Brexit debate. The study follows the methodological synergy approach proposed by Baker et al. (2008), a heuristic methodological approach that combines methods of discourse analysis and corpus-assisted statistical tools including keyword, collocation, and concordance analysis. Drawing on this methodological synergy approach, the investigation yields significant findings contextualized within the socio-economic-political context of the European Union (EU) leave referendum to trace how the issue of immigration is represented in the discourses of the Remain and Leave campaigns. The frequency results show that immigration is one of the most salient topics in the Brexit corpus. Concordance analysis of the word immigrants and collocation investigation of the word immigration reveal opposing attitudes toward immigration in the EU referendum debate. The analysis uncovers negative attitudes toward the uncontrolled flow of immigrants from other EU countries and public concerns about immigrants' negative impacts on wages, education, and health services. Other findings reveal positive attitudes toward immigrants emphasizing their positive contributions to the UK economy. The study concludes with an argument of the significant association between the political and socio-economic ideologies of a particular society and the language communicated in its media.


Significance However, there has been a notable change in the EU’s tone. In July, the European Commission unexpectedly paused legal action against the United Kingdom for an alleged breach of the NIP, and when London announced on September 6 that it was suspending key elements indefinitely, the EU’s response was muted. Impacts France is so deeply aggrieved over AUKUS that any further UK breaches of the Withdrawal Agreement could prompt a bad-tempered response. The possibility of an early assembly election in Northern Ireland would complicate EU-UK attempts to resolve the NIP issue. The exclusion of high profile, pro-EU politicians in the UK cabinet reshuffle shows how important the Brexit agenda remains for London.


2021 ◽  
pp. 753-806
Author(s):  
Richard Whish ◽  
David Bailey

This chapter considers abusive pricing practices under Article 102 TFEU and the Chapter II prohibition in the Competition Act 1998. It first discusses various cost concepts used in determining whether a price is abusive. It then deals in turn with excessive pricing; conditional rebates; bundling; predatory pricing; margin squeeze; price discrimination; and practices that are harmful to the single market. This taxonomy is over-schematic, in that the categories overlap with one another: for example price discrimination may be both exploitative and exclusionary, and an excessively high price may in reality be a way of preventing parallel imports or of excluding a competitor from the market; nevertheless this division may provide helpful insights into the way in which the law is applied in practice. In each section the application of Article 102 by the European Commission and by the EU Courts will be considered first, followed by cases in the UK. Reference will be made where appropriate to the Commission’s Guidance on the Commission’s Enforcement Priorities in Applying Article [102 TFEU] to Abusive Exclusionary Conduct by Dominant Undertakings.


Author(s):  
Richard Whish ◽  
David Bailey

This chapter considers abusive pricing practices under Article 102 TFEU and the Chapter II prohibition in the Competition Act 1998. It discusses cost concepts used in determining whether a price is abusive and deals with excessive pricing; conditional rebates; bundling; predatory pricing; margin squeeze; price discrimination; and practices harmful to the single market. Price discrimination may be both exploitative and exclusionary and an excessively high price may be a way of preventing parallel imports or excluding a competitor from the market; but the division may provide helpful insights into the way in which the law is applied in practice. In each section the application of Article 102 by the European Commission and the EU Courts is considered, followed by cases in the UK. Where appropriate, reference is made to the Commission’s Guidance on the Commission’s Enforcement Priorities in Applying Article [102 TFEU] to Abusive Exclusionary Conduct by Dominant Undertakings.


2018 ◽  
Vol 60 (7/8) ◽  
pp. 841-856 ◽  
Author(s):  
Isla Kapasi ◽  
Galina Grekova

Purpose The purpose of this paper is to examine the perceptions and perspectives of students with regards to self-determined learning in an entrepreneurship education (EE) context and its potential contribution to employability. Design/methodology/approach This research used a mixed-methods approach with a sample of 25 students currently attending a UK higher education institute. The students had access to participation in EE modules but self-determined learning-informed modules or programmes were not currently offered. Students were invited to attend focus groups and as a result of emergent themes, a business school-wide survey was developed. Findings This research makes two tentative contributions to the EE field. First, the findings of this student cohort are similar to those found throughout the UK and the EU with regard to the perception of the value of a degree by students; its contribution to the hidden curriculum; and the importance of practical experience. The research also adds to the field by considering the value of a self-determined learning approach to developing the capabilities and competencies of graduates. This approach to learning in a context of EE was in general well received by potential students, particularly the applied aspect of the programme. However, there is a perception of risk about this approach to learning and students are concerned about the value of a programme like this to employers in general. Originality/value The study contributes to discussions on the value of EE on perceived employability and in particular self-determined learning through entrepreneurship activity.


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