TTIP: a corporate lobbying paradise
Which businesses are pushing most for the proposed EU-US trade deal TTIP? Who’s influencing EU negotiators? Corporate Europe Observatory’s eight new info-graphics reveal the corporate lobby behind the TTIP talks.
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This year provides a rare opportunity to end some of the most outrageous rights enjoyed by big business: the investor-state dispute settlement system or ISDS. Under ISDS corporations and the rich have sued governments for billions of euros – for anything from introducing health warnings on cigarettes to banning dirty oil drilling. Campaigners and social movements are uniting in 2019 to put an end to this parallel justice system for big business.
Whenever a government passes a law which could potentially affect profits, the ISDS system enables companies to hit back with lawsuits for damages - often worth billions of euros. Under the ISDS (Investor-State Dispute Settlement) system, corporations have already sued countries for anything from introducing health warnings on cigarettes to placing a moratorium on fracking.
Coal garnered much media attention, thanks to the Polish Government and US President Trump’s support. But it was the gas industry that really stunk up the conference, its influence seeping into all corners of the negotiating halls. Luckily activists and communities were present to call industry out and demand real solutions.
Lobbying around the EU Copyright Directive has been intense: big-budget tech platforms led by Google as well as tech industry trade associations on one side, historically important collecting societies, the creative industries and publishers on the other. The interests and opinions of citizens have become sidelined in the resulting turmoil.