Czech membership in the European Union (EU) will profoundly change the legal landscape for business, mainly because decisions taken in Brussels—by national governments, the European Commission and European Parliament, as well as by other bodies, such as the European Court of Justice—will have precedence over Czech law. Post-EU entry, Czech companies will have to lobby in Brussels and not just in Prague to make their voices heard. The immediate removal of barriers to EU trade and changed customs procedures will create winners and losers. Some quotas and barriers protecting some sectors of Czech industry will disappear; opening them up to competition from advanced EU states and other candidate countries. But most remaining EU barriers to Czech goods will also vanish. Although the Czech Republic has already adopted many EU rules in advance of membership, many legislative changes still need to take place.
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