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Many trade deals include an investor-state dispute mechanism in addition to the state-state dispute mechanism. Philip Morris used this to sue Australia over ci
by spacebanana7 3y ago
Many trade deals include an investor-state dispute mechanism in addition to the state-state dispute mechanism.
Philip Morris used this to sue Australia over cigarette packaging regulations.
This article gives a nice overview of the mechanics [1], albeit with a somewhat hostile tone.
[1] https://www.theguardian.com/commentisfree/2021/jun/01/a-clause-in-the-uk-australia-trade-deal-could-let-companies-sue-governments-we-have-been-here-before https://www.theguardian.com/commentisfree/2021/jun/01/a-clau...