MC12, Part 1: Will Big Pharma and Big Tech Win at Next Week’s WTO Ministerial?

Rethinking Trade with Lori Wallach

Will the WTO get out of the way of global production of COVID-19 vaccines and meds so we can end this pandemic? Whether Big Pharma or humankind will win is the biggest question as the WTO’s major biennial ministerial meeting starts the Tuesday after Thanksgiving. But Big Tech also has a play…

More than 120 countries support waiving some of the WTO Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules that are limiting production of COVID-19 vaccines, treatments and diagnostic tests. But the European Union, UK and Switzerland are blocking. A waiver wont happen without more leadership from the Biden administration.

With all this as a backdrop, Big Tech corporations are also vying for influence at MC12, urging the body to push so-called “digital trade” proposal that would close domestic policy space on issues of great importance, including gig economy worker protections, discrimination and algorithm transparency, competition policy and anti-trust, corporate liability, and consumer privacy. Big Tech wants the WTO to formalize what have beeb rump talks in violation of its own rules.

The stakes could not be higher for the WTO or for the world: Failure to enact a waiver will prolong the pandemic, leading to more death, illness, economic hardship, and social and political disruption. And rushing through a “Trojan Horse” set of “digital trade” rules will only further erode democracy worldwide.

LINKS:

MC12 Global Call to Action

3 Million TRIPS Petitions Delivered to President Biden

Senators Sanders, Warren, Baldwin and Brown call on Biden to Push for TRIPS Waiver at MC12

Reuters: Activists Urge Biden to Push for Intellectual Property Waiver for COVID-19 Vaccines

Big Tech’s “Digital Trade” Trojan Horse Strategy

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Music: Groove Grove by Kevin MacLeod.

Link: https://incompetech.filmmusic.io/song/3831-groove-grove.

License: http://creativecommons.org/licenses/by/4.0/