Thursday, May 12, 2016

TTIP leaks highlight the dangers of regulatory cooperation

Click here to access article from Corporate Europe Observatory.
On top of private parallel courts which would create an avenue for multinationals to receive vast amount of taxpayers’ money in 'compensation' for democratic decisions, TTIP poses another threat to public interest legislation: regulatory cooperation (or convergence, as often referred to in the USA). Regulatory cooperation aims to align standards across the Atlantic by changing law-making in the European Union and the United States of America.