Backlight: TTIP Might is Right
The proposed free trade agreement between the US and Europe (TTIP) causes concern about the European right to self-determination. The most controversial part of TTIP is ISDS: investor-state dispute settlement. ISDS will make it possible for companies to sue governments that damage their investments. But is this arbitrage system where a few investment lawyers decide over billions of taxpayers money a protection of our business interests, or a threat to our democracy?