EU LAW

European Union Law

European Union Law

Introduction

European Union is a union of states of Europe that has joined in order to follow similar policy of political and economics. There are 28 member states that operate under the system of supranational independent institutions and the negotiations of intergovernmental decisions of the member states. The body of European Union (EU) consists of different institutions such as European Central Bank, the Council of EU, European Commission, Court of Auditors and European Parliament. One of the goals is to achieve a common market.

EU has taken some decisions as the laws have to be implemented all over the single market. The aim is to make sure that policies help in the free movement of goods, services, people and capital thus maintaining the policies of trade (Mcdonnell, 2005, p. 73). The purpose of the study is to analyze the effects on Standing Ltd that the commission has issued regarding the business activities of the two companies. Moreover, how it can be challenged and what are the limitations that exist.

Standing Ltd's Perspective

In today's globalized world of tough competition; industries are faced with immense competition within them. In the case of Standing Ltd; since two companies are in a fix with the law; Standing Ltd must improvise their business strategy region wise so that no violations of law occur.

Standing Ltd should learn from the legal scenario between the two companies. In an attempt to enhance their operations and to ensure a smooth flow of business activities; Standing Ltd should:

Standing Ltd should review its policies & operational procedures. The legal team of the Standing Ltd must make sure that no unlawful practices are being followed in their operations.

Based on the legal hype between two industry members, the top tier management should focus on increasing their market share.

Now, we would highlight the implications, limitations & EU directives that Standing Ltd should follow to maintain their market share and to improve their regional performance.

Discussion

The EU law is concerned preferentially by the company as an economic entity rather than the corporation as a legal entity. Therefore, the more practical view of Community law from the point of view, identifying the main rights and obligations of the main operators performing economic activities in or from the EU (Europa, 2010).

From this perspective, This book, 'Law of the European Union' by John Fairhurst aims to provide the essential contents of the above notions with examples, questions and answers to explain the importance of EU law in the course of trade of a company.

In short, it aims to provide a useful tool for consultation on EU matters, in particular, a work in to easily find some of the key advice to the company in EU law.

EU Laws regarding power companies

There are some decisions taken by the European Union's Council which made many changes in the community framework regarding the taxation of electricity and energy products (Miller, 2010, p. 2). These changes will affect the Standing Ltd as ...