Comments
batye
8/1/2016 6:55:40 PM
User Rank Platinum
Re: Brexit
@Ariella from what I read some legal things could take up to 5 years... unless gov. change the laws or regulations fast... but it would be interesting to hear Joe S. opinion on this :) from the legal point of view ....
Ariella
8/1/2016 5:12:33 PM
User Rank Author
Re: Brexit
@batye that is a long time, though I suppose it's not all that far off. I don't think it can be done in much less, perhaps 3 years at best.
batye
8/1/2016 4:43:17 PM
User Rank Platinum
Re: Brexit
@Ariella from what I read it could be process of 5 years or more....
Ariella
8/1/2016 1:18:22 PM
User Rank Author
Re: Brexit
<as I understand it - the EU can pretty much slam the door shut on the UK> @Adi yes, but it really would be foolish to say global relations have to be either all or nothing.
Adi
8/1/2016 1:09:29 PM
User Rank Author
Re: Brexit
@Ariella - It's business as usual at the moment, at least in theory. Technically, nothing has happened yet. The UK has to formally notify the EU that it wants to leave (Article 50). This is yet to happen. So for now we are part of the EU and all rules are applicable to UK. Nothing has changed.
Once Article 50 is triggered, probably early 2017 if govt. statements are to be believed, the clock starts: 2 years to resolve everything and split up. Even then, nothing changes in terms of legal/financial rules. UK would still be part of EU.
After those two years, it gets complicated. If everything is resolved, then the two part ways and follow the rules and structures that they have agreed on. But if they have not resolved everything (extremely likely) then we go into uncharted waters. Both parties can agree to extend the status quo (Britain as part of EU) until its all resolved, but everyone has to agree to that. Otherwise - as I understand it - the EU can pretty much slam the door shut on the UK. But that could also affect the EU economy. So it's all bluster and posturing at the moment.
Ariella
8/1/2016 1:00:42 PM
User Rank Author
Re: Brexit
@Adi what of the transitional Brexit period, like now? Isn't it only going to fully leave in a year or two?
Ariella
8/1/2016 1:00:41 PM
User Rank Author
Re: Brexit
@Adi what of the transitional Brexit period, like now? Isn't it only going to fully leave in a year or two?
Adi
8/1/2016 7:06:38 AM
User Rank Author
Re: Brexit
@faryl The target of the investigation/ruling are the providers, not the countries (as you say). Brexit will only affect Sky since it's the only British company. The others aren't affected by the UK-EU separation. The goal is to force Sky to allow access to these movies it has licensed outside of the UK. Now while the UK has to abide by EU rules and is part of the EU, this is valid. Which means Sky can't enforce regional exclusivity by blocking these services in other parts of the EU.
But once the UK is not part of the EU, the ruling may not apply. The problem is that the UK may still end up being part of the single market in some way, shape or form. This will depend on the final agreement, which will take years to hammer out. So we don't know what will apply and what will not.
But if its "not," then these laws won't apply to Sky, and it can block whatever it wants. So hypothetically, two years from now Sky and Paramount (and all the other studios) can go back to imposing regional restrictions on Sky services.
dlr5288
7/31/2016 9:10:03 PM
User Rank Platinum
Re: Paramount Blocking
Agreed!
I don't know if that's the best idea to block such a big business as Paramount!
JohnBarnes
7/31/2016 6:34:55 PM
User Rank Platinum
Re: Brexit
This, by the way, is the classic problem of "alliance economics," so called because it was first analyzed as the economics of military alliances, but has turned out to apply to almost any coalition. The bigger an alliance member is, the less direct benefit they get from the smaller members but the more proportionate benefit they get from access to the resources and position of the smaller members. Estonia really needs NATO and Canada really needs NAFTA; the US doesn't absolutely have to have either, BUT it's much better than having to fight the Russians in Maine or work out a separate deal for every shipment of troll dolls to Toronto.
Historically this means a really complicated situation about who gets what from whom. Small countries with good ports always fared well in NATO (because the big maritime powers needed ports and the small countries couldn't be expected to contribute as much); the most industrialized parts of Mexico do well under NAFTA (because the foreign market is more important to them than their domestic one); etc. I count around ten different factors that might impact whether the Brexit will do England better or worse in its dealing with overseas entertainment conglomerates. Alliance economics is one of the places that people who teach linear programming go to find extra-hard problems for their grad students!
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