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The EU commission says ICS would give greater protection and transparency (Photo: cosilium.europa.eu)

EU defends TTIP investor court after German backlash

The EU Commission has defended a proposed court that would allow big firms to sue EU governments for perceived profit losses.

German magistrates criticised the idea earlier this month, declaring the so-called investor court system (ICS) unlawful.

The commission said the German magistrates had misunderstood ICS.

"It [the ICS] does not rule on member state law or EU law, and hence the ICS in no way alters the established court system within the EU and the member states," a com...

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The EU commission says ICS would give greater protection and transparency (Photo: cosilium.europa.eu)

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