6 ms·
While the IP sections are horrendous, it's dangerous to ignore the problems inherent with the investor-state dispute section(s). There are already multiple case
by thomnottom 11y ago
While the IP sections are horrendous, it's dangerous to ignore the problems inherent with the investor-state dispute section(s). There are already multiple cases involving corporations suing countries for having laws that prevent them from making money in their preferred manner. Increasing the scope or range of those conflicts will strip more nations (including the US) of self-government.
I don't want to come off as hyperbolic, but these provisions can seriously undermine any future legislation and nation might want to undertake in order to protect their resources or population.
- snowwrestler 11y agoISDS complaints can only win if the government is shown to unfairly hobble foreign investors, for example a regulation that says "companies owned by Americans can pollute twice as much as companies owned by Malaysians." That's not the way that U.S. law works; our laws are based on measurable standards that apply equally to all companies regardless of who owns them. That's why the U.S. has never lost an ISDS case in the decades they have already been in force.
- deleted 11y ago[deleted]