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>Imagine this on say the US national level. Apple wants to sell its computers in Alaska, but Alaska has a domestic computing company that gets goverment subsidi
by dilemma 10y ago
>Imagine this on say the US national level. Apple wants to sell its computers in Alaska, but Alaska has a domestic computing company that gets goverment subsidizes, creating unfair competition. In this case the federal government would step in.
A prime example of why ISDS is needed is the subsidies American corporations like Tesla, Facebook, and Apple receive in the US, creating unfair competition.
>There's an analogous issue with international trade agreements. National governments will enter into those agreements, but their courts are always going to be biased towards their local constituents, so in my example Apple couldn't hope for a fair result by suing in Alaskan courts.
Agreed. Case in point, Apple's rounded rectangle lawsuit against Samsung, or "Korean Samsung" as Apple's legal prefer it. Apple need to be taken to international court for its abuse of the US legal system, and the US government needs to get told. Someone call the WTO.