Certainly seems an interesting illustration of the risks of conducting business in the EU.
Bear in mind this came about because AstraZeneca was looking to fulfil it's order book in a first-in, first-out fashion. The EU instead decided to try and legislatively make itself head of the queue - not something in the AstraZeneca contract (AZ state that they wouldn't even offer guaranteed production volumes at this point but instead best-effort, because they couldn't guarantee the EU's required volumes in addition to the UK's requirement) - because of domestic political pressure, and proceeded to do so by bringing state force to bear against corporate facilities in-country.
What about that convinces me that it's a good idea to even trade with the EU, let alone invest enough to have a presence in it? That's giving them a stick to beat you with when things get rough...
As if you'd need more proof that the Brussels EU is run by tyrants. The European Commission in particular is an abomination.
Certainly seems an interesting illustration of the risks of conducting business in the EU.
Bear in mind this came about because AstraZeneca was looking to fulfil it's order book in a first-in, first-out fashion. The EU instead decided to try and legislatively make itself head of the queue - not something in the AstraZeneca contract (AZ state that they wouldn't even offer guaranteed production volumes at this point but instead best-effort, because they couldn't guarantee the EU's required volumes in addition to the UK's requirement) - because of domestic political pressure, and proceeded to do so by bringing state force to bear against corporate facilities in-country.
What about that convinces me that it's a good idea to even trade with the EU, let alone invest enough to have a presence in it? That's giving them a stick to beat you with when things get rough...