TTIP is a bonanza for big business, but a nightmare for everyone else,’ says War on Want
Since TTIP negotiations began in 2013, Europe has seen several mass mobilizations against the so-called “free trade” deal (Photo: compact/flickr/cc)
A new UK coalition is sounding the alarm over how the Transatlantic Trade and Investment Partnership (TTIP), currently under negotiation between the U.S. and EU, would force European small businesses into unfair competition with U.S. firms with lower standards and lower costs.
“Together with thousands of our counterparts in other European countries, we are concerned that many European businesses risk being wiped out by unfair competition from U.S. corporations if TTIP is allowed to go through,” reads the statement from Business Against TTIP, launched over the weekend.
“TTIP will enable some of the world’s biggest corporations to undermine EU social and environmental standards,”…
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