Oireachtas Joint and Select Committees

Wednesday, 22 September 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

EU-Canada Comprehensive Economic and Trade Agreement: Minister for Enterprise, Trade and Employment

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

It is very clear companies cannot sue for loss of profits so that is not correct. Companies can sue if they are discriminated against and would have to prove in the courts they have been discriminated against. Again, as I mentioned, companies suing governments and government agencies is not a new thing. Companies can do that already, and vice versa, but suing for loss of profits is not provided for in CETA. A company has to prove it has been discriminated against and has been treated unfairly or differently to the way a domestic company would have been treated.

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