The Transatlantic Trade and Investment Partnership (TTIP) is a new capitalist agreement between the USA government and the European Union. It gives US business free reign to privatise public services and other regulated industry in the cause of ‘Free Trade’. On the one hand this is another way for big business to take over internationally and for the American capitalist empire to culturally colonise the world. But specifically under threat is whatever is left of nationalised industries and services (not that there is much left of that in England anyway).
The obvious worry here is what is left of the NHS, which working class people are still fighting hard to save. It would also affect food quality by deregulating things like food production and quality, for example by-passing EU regulations about meat quality and the condition animals are kept in. Banking regulations would be undermined. Even the EU admits that jobs would be lost. All the main UK parties (except the Greens) are in favour. Even if there is a EU-referendum, whatever the outcome, this law will overrule.
Similar agreements exist in other parts of the world. A fracking company was able to sue the state of Quebec for lost earnings when it passed and an anti-fracking law. The Philip Morris tobacco company was able to sue the Australia government for its laws on plain-packaging.
TTIP is just the latest in a string of trade ‘agreements’ which have been opposed internationally including by anarchists. In the 1990s NAFTA allowed US companies make money in Mexico and Canada more easily. Meetings of The World Trade Organisation were strongly resisted, not least in London (J18) and Seattle (N30) in 1999. Anarchists need to spread information about this agreement, and we need more mass civil disobedience and anti-globalisation activism at a local and international level to raise awareness and oppose this in practice.
Related article: Why opposing capitalism and privatisation does not imply support for state-controlled services: http://afed.org.uk/blog/international/114-private-versus-socialised-healthcare.html