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The European Union’s blocking statute against extraterritorial legislation: an effective instrument for protecting the EU's economic interests?

Lucie Cordier
Lawyer, Custax & Legal, France
Intern, Custax & Legal, France
Published 13 Aug 2023
The European Union’s blocking statute against extraterritorial legislation: an effective instrument for protecting the EU's economic interests?
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Case law
The recent ECJ judgment (July 2023) highlights the obsolescence of the legislative framework established by the Commission in 1996. In theory, the European Union’s blocking statute makes it possible to protect European companies against laws with extraterritorial reach. However, it appears that its scope and use have not achieved the objective initially set, namely, to neutralize the effects of foreign legislation.

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