Tuesday, 19 January 2016

'Crafted By and For Big Business': TTIP Under Fire Across Europe

Get The Message? It *IS* Rather Important!
A new UK coalition is sounding the alarm over how the Transatlantic Trade and Investment Partnership (TTIP), currently under negotiation between the U.S. and EU, would force European small businesses into unfair competition with U.S. firms with lower standards and lower Costs."Together with thousands of our counterparts in other European countries, we are concerned that many European businesses risk being wiped out by unfair competition from U.S. corporations if TTIP is allowed to go through," reads the statement from Business Against TTIP, launched over the weekend. "TTIP will enable some of the world’s biggest corporations to undermine EU social and environmental standards," it continues. "Under its investor protection rules, TTIP will also give U.S. firms unprecedented powers to sue the UK government when any new laws affect their profits."
(commondreams)

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