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Tobacco Carve-Out From ISDS Starts To Spread: Another Nail In The Coffin Of Corporate Sovereignty

One of the last pieces of horse-trading that went on in order to conclude the TPP deal involved corporate sovereignty, aka investor-state dispute settlement (ISDS), and tobacco. As we reported a year ago, a "carve-out" for tobacco was agreed, which was designed to assuage fears that tobacco companies would use TPP's ISDS mechanism to challenge health measures like plain packs -- something that Philip Morris attempted against both Australia and Uruguay.
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