Corporate Europe Observatory

Exposing the power of corporate lobbying in the EU

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Battle For Corporate Investment Rights

New investment powers, granted to the EU Commission under the Lisbon Treaty, will still allow multinational companies to claim compensation when national laws designed to protect the environment or public health damage their profits, according to proposals put forward by the EU Commission this month. The draft legislation on the protection of international investment – an area previously governed by member states – was an opportunity to change the current system under which national agreements frequently give companies investing overseas excessive protection from legislation in the host country. But following an intense lobby campaign from industry and EU member states led by Germany and the UK, the Commission has opted to protect the status quo. The Commission’s proposals will now be considered by the EU Parliament and the Council.
 

The corporate lobby tour

Four months before world governments meet in Paris to negotiate the deal they claim will “save the climate”, 1500 protestors took matters into their own hands by entering an opencast lignite mine owned by energy provider RWE in western Germany.
The stubborn and aggressive imposition of privatisation by Troika goes against the will of Greek citizens and represents a direct attack on democracy.
Publicly, business lobby groups are heavily pushing the idea that TTIP will benefit small and medium-sized enterprises (SMEs). But behind closed doors they admit the reality: that small companies will “face increased competition” and that “benefits remain hypothetical”.

Stop the Crop

Alternative Trade Mandate