If You Want To Know Why The TPP Is A Terrible Idea, Look At NAFTA's Chapter 11 Here:

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29. at what cost?

The NAFTA investor arbitration system (the same is true for all other U.S. FTAs) allows investors to sue over the laws of nations and municipalities in binding tribunals that heavily favor corporations/investors These include environmental laws, copyright laws, etc. For instance the ongoing Philip Morris NAFTA case against Uruguay.

Philip Morris v. Uruguay: Will investor-State arbitration send restrictions on tobacco marketing up in smoke?

http://www.iisd.org/itn/2011/07/12/philip-morris-v-uruguay-will-investor-state-arbitration-send-restrictions-on-tobacco-marketing-up-in-smoke/

There are many, many more Investor-State cases like this. This isn't even the most outrageous.

Here's another. It's a humdinger. It's pending

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However, as we discussed earlier, the public crossing would create competition for the privately-owned Ambassador Bridge, which also connects Detroit to Windsor and generates an estimated $60 million in annual toll revenues.

Bridge owner Matty Moroun has been pursuing approval for a second span of his own, but as Granholm said this morning, "Canada only supports the Detroit River International Crossing" and believes the proposed location of the second Ambassador span would be "too disruptive in Windsor."

In a statement released earlier today, Detroit International Bridge Co. attorney Patrick Moran explained the company will file a NAFTA claim against the Canadian government, suggesting the publicly-backed bridge would unfairly punish the private company.

“The Canadian government is using its power inappropriately to coerce the Michigan Legislature into adopting legislation necessary to ensure the implementation of the DRIC project to the detriment of necessary infrastructure projects in Canada and the U.S. ,” Moran said. “Not only is it clear that the DRIC project is not needed at this time, the Canadian government is trying to use its authority to steal a viable for-profit business from an American businessman.”

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http://www.mlive.com/news/detroit/index.ssf/2010/04/ambassador_bridge_company_file.html