Canada's PM Justin Trudeau sabotages Trans-Pacific Partnership, shocking leaders

[sandensea]

2. Good.

The most srious - but by no means sole - problem with the TPP would be its ISDS provisions.

ISDS (Investor State Dispute Settlement) allows foreign corporations or even individual investors - many of them criminals - to skip the U.S. court system entirely and sue the U.S. or local and state governments before a panel of private “arbitrators.”

The risk is that they can use these kangaroo courts to challenge any regulation or other government decision.

All they'd have to do is think of an argument for why the decision somehow “violated its right to fair and equitable treatment” or why it might reduce its “expected profits” and it’s got a case.

No way, José.