TPP: The Dirtiest Trade Deal You've Never Heard Of

Status
Not open for further replies.
One of the worst things the TTP allows for is businesses suing nations and governments over the loss of projected profits. Of course, these will be based on models by top economists, financiers, and over past profits, but basically what it all means is: Let's say India passes a law that requires a decent minimum wage in a bid to lower poverty levels. Many, many countries that have been out-sourcing to India for years for their drastic low manpower costs will now lose out on a large chunk of profit due to the new law. Because they lost profit due to a law being passed, TPP allows them to sue that government for what they lost.
Or, the Tobacco companies who allready been trying this over nations introducing generic packaging with warnings. This would give them so much legal ground.
 
*stares into the silent darkness*

Br... Brovo...?


*whimpers*
 
  • Like
Reactions: GhostJoker
Status
Not open for further replies.