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ISDS System – Global Super Court For Corporations To Subvert Democracy
The Investor-state dispute settlement (ISDS) or investment court system (ICS) has a number of iterations. It is a system through which individual companies can sue countries for alleged discriminatory practices. One small example is where the tobacco company Philip Morris sued Uruguay after having enacted strict laws aimed at promoting public health. ISDS is found in international investment agreements, such as the Energy Charter Treaty, TTP, CETA, TTIP and the like.
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