International Law: Big Business
hard levelBig Business - International Law / Companies Vs Countries
Transcript
Note: This is a transcript of a spoken conversation and is not a word-for-word script.
TimMultinational corporations can be really big bigger even than some countries. But does that mean they're more powerful than a country? We'll show you how the law keeps things balanced.
How can countries stop multinational companies if they break the law?
And why do they end up fighting each other in court?
And... let's find out how companies structure themselves to limit the power of a state.
LeaderThey're used to getting away with it. For decades, no one's held them to account. They've never been subject to any serious pressure.
TimSo, as these companies grow, is the law keeping up? Do countries or companies have more power, legally? Let's look at Canada, one of the most sued countries in the world.
Canada has been sued lots, because of something called the North American Free Trade Agreement: NAFTA.
NAFTA was the free trade deal between Canada, the USA and Mexico.
But, it also made it easier for investors to sue governments if they thought the deal was broken.
Canada soon became the most sued developed country in the world with 35 claims against it.
Now try this...
Practise your skills with more lessons from International Law: Big Business.
Gratis selamanya · Akses penuh
Go to full course →This lesson includes:
- 📹Video & audio streaming
- 📝Full transcript
- ♾️Full access — free forever
Takeaways
Latest International Law: Big Business

Big Business - International Law / The future of companies
Episode 211015 / 15 Oct 2021

Big Business - International Law / The people Vs Big business
Episode 211014 / 14 Oct 2021

Big Business - International Law / Are companies above the law?
Episode 211012 / 12 Oct 2021

Big Business - International Law / What is a multinational?
Episode 211011 / 11 Oct 2021