Corporations increasingly use a specific mechanism to challenge public policies: ISDS (Investor- State Dispute Settlement). They sue states before private secret arbitration tribunals, claiming billions of compensations for public decisions which allegedly cut their expected profits. The arbitrators are no independent judges bound by the rule of law, but private, corporateaffiliated lawyers who cash in on each case and even override decisions taken by constitutional courts.
Corporations have already taken action against many countries' public policies designed to protect citizens' health and the environment, against nuclear phaseout and statutory minimum wage.
ISDS is intended to be included in TTIP and CETA, the trade agreements which the European Union is preparing to conclude with the USA and Canada. This is a serious threat to our democracy and public money, to our environment and social rights.
Please help to stop TTIP and CETA – by sharing this video and signing our selforganized
European Citizens Initiative:https://stop-ttip.org/sign/