Buzzfeed - Known as Investor-State Dispute Settlement, or ISDS, it is written into the treaties that govern international trade.
It’s
supposed to be a reliable, impartial forum to resolve conflicts between
international corporations and the countries where they operate. But it
is not a level playing field.
When
countries try to regulate pollution or fight corruption, corporations
have used this court to demand hundreds of millions or even billions of
dollars in retribution. And the odds are stacked in their favor.
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