Latest Leak Confirms TTIP a 'Serious Threat to Democracy as We Know It' [View all]

[Ferd Berfel]

http://www.commondreams.org/news/2016/03/18/latest-leak-confirms-ttip-serious-threat-democracy-we-know-it

Document shows how TTIP will facilitate big business influence—and U.S. influence—on lawmaking, says corporate watchdog

EU member states and the European Parliament will be "sidelined" in favor of big business and U.S. interests should the TransAtlantic Trade and Investment Partnership (TTIP) go through, according to a leaked document revealed Friday.

The leak, of the corporate-friendly trade deal's draft chapter on "regulatory cooperation" between the EU and U.S., was made public by The Independent and Brussels-based campaign group Corporate Europe Observatory (CEO).

It exposes "a labyrinth of procedures that could tie up any EU proposals that go against U.S. interests," as The Independent put it, as well as "the extent to which major corporations and industry groups will be able to influence the development of regulatory cooperation."

(snip)

In short, he said, "this document shows how TTIP's regulatory cooperation will facilitate big business influence—and U.S. influence—on lawmaking before a proposal is even presented to parliaments."

Nick Dearden, executive director of Global Justice Now, told The Independent: "The leak absolutely confirms our fears about TTIP. It's all about giving big business more power over a very wide range of laws and regulations."

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Isn't the other term for this: Fascism?