So, TPP is not going to happen.

[palou]

Lafiel said:

I'm not against a free trade agreement with the USA, but I'm very much against one that has been negotiated in closed sessions and gives a lot of power to companies.

That the TPP gives alot of power to companies is a bit of a misconception. Companies cannot sue a state for favoring citizens over the company. Only if favoritism is shown between companies. Countries can still apply any health regulation/ job security/ environnemental protection law that they want to, they just can't apply the regulations to foreign corporations while allowing their own companys to ignore them.

This isn't new either, trade courts already exist, and companies have already tried (and failed, if the decision was impartial; Marlboro owner Philip Morris had to pay up for an attempt to repeal anti-smoking laws in Uruguay, for example) to sue countries over protectionnist laws. 

It isn't new, either, that an agreement is secret; they pretty much all are, for good reason. Look at original post for that.