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The European Union and UK Businesses
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| Submitted: Fri Jun 03 2005
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The European Union and UK Businesses There are many rules that the European Union has set out in a series of Treaties. These Treaties have forged very strong legal links between the member states of the EU. The EU laws that are passed in the Treaties directly affect all UK businesses; these laws give UK businesses very specific rights and responsibilities that they must abide by or Tesco could face severe consequences if they fail to comply with the EU laws and regulations, these consequences can range from being fined 15% of their annual turnover and even in very extreme cases a country may refuse to trade with Tesco. In order for Tesco to make sure that they do not fall foul of the EU law, they will spend large amounts of money to update their policies in order to overview how they are complying with the EU policies and see...
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