11.01.2014 - 11:43 [ Techdirt ]

Does The Fast Track Authority Bill Guarantee That Corporate Sovereignty Will Be One-Sided And Unfair?

Again, does that mean the rulings of corporate sovereignty (ISDS) tribunals won‘t be enforceable in the US, or simply that they don‘t create legal precedents? It‘s a crucially-important point, because the terms of this fast track authority will apply not only to TPP, but also to TAFTA/TTIP. And there, the European Commission has been making the following argument about the necessity of including ISDS in the transatlantic agreement (as reported by Australia‘s Inside Story):