So TTIP Won’t Stop Public Services Being Run in the Interests of Ordinary People? Tell That to Argentina

http://www.commondreams.org/views/2015/04/17/so-ttip-wont-stop-public-services-being-run-interests-ordinary-people-tell

Another week, another victory for big business over a government in a secret pseudo-court. This time it’s the turn of private water giant Suez, who successfully sued Argentina for reversing the privatisation of Buenos Aires’s water supply.

No matter that the country was in a state of economic crisis when the nationalisation took place, and the government didn’t want water prices to rise by 60%. No matter that the company time and again failed to meet its performance targets. In the world of corporate courts, nothing matters except an investor’s ‘right’ to profit.

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