04.09.2014 - 14:13 [ Techdirt ]

Corporate Sovereignty Debate Heats Up In Australia

As Techdirt has reported, so far corporate sovereignty has emerged as the most contentious issue in the TTIP/TAFTA negotiations. In response to the growing public concern in Europe, the European Commission held a consultation on Investor-State Dispute Settlement (ISDS), although that proved largely a sham, with the desired outcome clearly signalled by the choice of questions and how they were framed. Indeed, Karel De Gucht, the EU Commissioner with overall responsibility for TTIP, even went so far as to call the unprecedented 150,000 public responses an „outright attack“ — which is an interesting way to characterize democracy in action.