WTO ruling on Net betting downplayed
MSNBC - WTO ruling on Net betting downplayed
A World Trade Organization decision last week upholding a challenge to U.S. Internet gambling laws made waves around the world, but most experts say it will have little — if any — any impact on U.S. efforts to clamp down on online betting.
No one denies that the tiny Caribbean nation of Antigua and Barbuda hit a public relations home run in winning a favorable preliminary ruling on March 24 from a WTO dispute-resolution panel. The details of the ruling have not yet been made public, but negotiators from both sides say the panel agreed with Antigua's argument that U.S. laws and efforts to combat Internet betting amount to anti-competitive protectionism of its domestic gambling industry.
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Even if it is upheld on appeal — a process that could take two years or more — the United States can be expected to ignore it, he said.
“My guess would be that if it holds up, we would decide this isn’t worth doing and let Antigua do its worst,” Gresser said. Under that scenario, Antigua would have a right to impose retaliatory trade measures against the United States, but any punishment the island nation would exact would be "kind of trivial,” he said.
A World Trade Organization decision last week upholding a challenge to U.S. Internet gambling laws made waves around the world, but most experts say it will have little — if any — any impact on U.S. efforts to clamp down on online betting.
No one denies that the tiny Caribbean nation of Antigua and Barbuda hit a public relations home run in winning a favorable preliminary ruling on March 24 from a WTO dispute-resolution panel. The details of the ruling have not yet been made public, but negotiators from both sides say the panel agreed with Antigua's argument that U.S. laws and efforts to combat Internet betting amount to anti-competitive protectionism of its domestic gambling industry.
...
Even if it is upheld on appeal — a process that could take two years or more — the United States can be expected to ignore it, he said.
“My guess would be that if it holds up, we would decide this isn’t worth doing and let Antigua do its worst,” Gresser said. Under that scenario, Antigua would have a right to impose retaliatory trade measures against the United States, but any punishment the island nation would exact would be "kind of trivial,” he said.
posted by John | 9:39 AM
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