Mick Wallace (Wexford, Independent) | Oireachtas source

Recently WikiLeaks leaked information on the trans-Pacific trade agreement, which has much of the same mechanism involved in it. That agreement was found to be as much about extending monopoly rights of companies such as Monsanto rather than free trade. Of 29 chapters in that agreement, only five related to trade. There was much more concentration on patents, copyrights, trade marks and industrial design, which has serious implications for Internet service, civil liberties, publishing rights and accessibility to medicine. This idea that we may create a forum where corporations have the ability to sue States is a bad direction in which to go and should not be tolerated. It gives far too much power to corporations, undermines democracy and significantly erodes citizens rights.

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