COMM 394 Final: tpp Debate notes for final
Document Summary
Canada currently has 8 years on their pharmaceutical patent, When the tpp kicks in, canada would be locked in for basically forever. The tabarrok curve, made by alex tabarorok illustrates how when patent protection goes beyond a certain point, innovation is lost. The us patent laws are well beyond the optimal point. Canada is a little better then this but we do not know exactly where the optimal point lies. With the introduction of the tpp, we will never be unable to (cid:1) (cid:1) (cid:1) optimize. Another big problem the tpp introduces is that the This basically empowers foreign investors to bypass domestic courts. Allowing them to seek compensation before private tribunals whenever government interfere with their investments. Currently with nafta"s similar mechanism, canada is being sued for 500 million us dollars, by the american multinational drug company, eli lilly, because canadian courts do not want to extended the patents on two of their drugs.
