Finance & E-Commerce

TPP Financial Stability Threats Unveiled…

Public Citizen (18 November 2015).
11 – 13 – Investor-State Dispute Settlement (ISDS) – “Minimum Standard Treatment” (MST) – “Fair and Equitable Treatment” (FET) – “Prudential Filter” – Capital Control

[Extract] Although the Trans-Pacific Partnership (TPP) is the first U.S. trade deal to be negotiated since the 2008 financial crisis that spurred a global recession, it would impose on TPP signatory countries the pre-crisis model of extreme financial deregulation that is widely understood to have spurred the crisis. After nearly six years of negotiations under conditions of extreme secrecy, the Obama administration has only now released the text of the controversial deal after it has been finalized and it is too late to make any needed changes. The TPP financial services and investment chapters provide stark warnings about the dangers of “trade” negotiations occurring without press, public or policymaker oversight…

What does TPP Mean for the Open Internet?

Susan Ariel Aaronson, IIEP (16 November 2015).
[Summary] TPP is the first trade agreement to include binding commitments that facilitate cross-border information flows and limit digital protectionism. Proponents and opponents have divergent views about its effects on the Internet. On one hand, the Obama Administration asserts that “TPP will help preserve the open Internet and prevent its breakup into multiple, balkanized networks in which data flows are more expensive and more frequently blocked.”2 On the other hand, critics have said that the agreement undermines Internet freedom and access to information.

TPP will ban rules that require source-code disclosure

Cory Doctorow, BoingBoing (6 November 2015).
14.17 – Software – Open-Source Strategy – Source-code – Procurement – Security

[Extract] As software becomes more tightly integrated into cars and buildings and medical devices (and everything else), many governments have enacted procurement policies requiring contractors to disclose and/or publish the source-code of the products they supply to public bodies…

The Highlights of the Trans-Pacific Partnership E-commerce Chapter

Burcu Kilic & Tamir Israel, Public Citizen & CIPPIC (5 November 2015)
14 – Crossborder Data Transfer – Location of Computing Facilities – Personal Information Protection – Net Neutrality – Custom Duties

[Extract] The E-commerce chapter of the Trans-Pacific Partnership (TPP) sets rules that, if ratified, will shape the development of the digital economy for years to come. The chapter sets rules and procedures for trade in goods and services conveyed by the Internet and other electronic means, and addresses a range of issues including duties on digital products, paperless trade administration, and rules on electronic signatures, net neutrality and data protection. The text also includes provisions limiting the ability of countries to keep data within their territorial borders…

TPP has provision banning requirements to transfer of or access to source code of software

James Love, Knowledge Ecology International (5 November 2015).
14.17 – Software – Open-Source Strategy – Source-code – Procurement – Security

[Extract] While the disclosure of the anti-open source provisions in the TPP came as a surprise to many, including KEI, the provision was reported in some press accounts a few weeks ago, based upon summaries of the text released by negotiators, but without the details of the proposal…

Trade Pact Could Bar Governments From Auditing Source Code

Klint Finley, WIRED (5 November 2015)
14.17 – Software – Open-Source Strategy – Source-code – Procurement – Security

[Extract] Forcing companies to publish their source code won’t necessarily solve the problem of cheating or buggy software. Huge security problems have been known to linger for years in open source projects that had too few security audits. And there are ways to encourage companies to release their source code that don’t involve passing import laws. But the TPP, as written, would remove one powerful option in the fight to open the Internet of Things.