Volume V

Issue : 16: October 11, 2007

• Canada to Criminalize Activities Related to Identity Theft
• EU Could Seek $100 Billion from U.S. Based on WTO Internet Gambling Claim
• Federal Court Orders eBay to Disclose Identity of High Volume Sellers to Canadian Tax Authorities
• Fallout from TJX Information Security Breach
• U.S. District Court Hears Challenge to Online Gambling Restrictions
• Landmark File Sharing Decision Released: Jury Orders $222,000 in Statutory Damages
• U.S. Court Finds Passing Reference in Invoice to Web based Contractual Terms Non-binding

Home > Volume V > Issue 16: October 11, 2007 > EU Could Seek $100 Billion from U.S. Based on WTO Internet Gambling Claim

EU Could Seek $100 Billion from U.S. Based on WTO Internet Gambling Claim

Following Antigua’s successful WTO dispute ruling that the U.S. illegally targeted online gambling while permitting American operators to offer remote betting on horse and dog racing, reports suggest that the European Union will ask the United States to provide $100B in trade concessions. The figure has been proposed by attorneys related to the case but does not appear to be an official EU position.

The U.S. has argued that it never intended to include gambling within its WTO commitments. Following the WTO ruling in favour of Antigua, the U.S. has moved to clarify its position under the Uruguay Round and withdraw gambling. The proposed change has opened the door to compensation claims and several WTO members, including Canada, are in talks with the U.S.

Antigua is seeking $3.4B in “trade concessions” including the right to suspend copyright on American movies, software and music.

For additional information, visit:

http://www.itbusinessnet.com/articles/viewarticle.jsp?id=189118