Blog

Trade treaties and multinational company power

Penny Brooks

31st March 2015

Do trade pacts threaten democracy? A recent article and broadcast on the BBC News website about growing opposition to treaties such as the proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States, highlights trade pacts that allow multinational companies to sue governments whose policies damage their interests. Opponents claim this right, known as investor-state dispute settlement (ISDS), poses a threat to democracy.

Penny Brooks

Formerly Head of Business and Economics and now Economics teacher, Business and Economics blogger and presenter for Tutor2u, and private tutor

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.