Cameron’s trade deal would ‘open floodgates’ to Philip Morris style cases

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Campaigners have warned that Britain would open the floodgates to a string of legal challenges by big business if it ratified the upcoming EU-US trade deal. As Philip Morris threatens to sue the UK for £11 billion over plans to introduce plain packaging on cigarettes, the World Development Movement said the Transatlantic Trade and Investment Partnership (TTIP) would make such cases more common and less open to public scrutiny.

The World Development Movement claimed today that if TTIP, currently being negotiated between the EU and the US, is agreed there could be a massive increase in legal cases brought by companies against the UK government.

http://www.economicvoice.com/camerons-trade-deal-would-open-floodgates-to-philip-morris-style-cases/
 
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