Trans-Pacific Partnership Trade Deal Endorsed by Major Tech Group (siliconbeat.com)

An anonymous reader shares a report on SiliconBeat: An industry group representing major tech firms including Google, Facebook, Yahoo, Amazon, Twitter, Uber and eBay has endorsed the controversial Trans-Pacific Partnership trade pact plan "The TPP recognizes the Internet as an essential American export," Internet Association CEO Michael Beckerman said in a statement. "Historically, pro-Internet policies have been absent from trade agreements, which is why the TPP is an important step forward for the Internet sector that accounts for 6 percent of the GDP and nearly 3 million American jobs. "It will be critical that the TPP is implemented in a way that supports the Internet economy." While President Barack Obama backs the trade deal, it has met with strong opposition from critics including Sen. Elizabeth Warren, who attacked secrecy around the pact's drafting and has said the deal could weaken U.S. regulations that are good for Americans but might threaten foreign companies' profits.Brier Dudley, Seattle Times Columnist, tweeted, "TPP "taken a 180" since TPA, when there was confidence of passage, Rep @davereichert says. Issues incl. biologic protections, tobacco lobby."

Comments

Soon to lose those firms as members...

[Anonymous Coward]

TPP drops safe harbor protection from the DMCA. This alone should concern Google, Facebook, Amazon, and Twitter.

this bill can make importing foreign labor easier

[Joe_Dragon]

this bill can make importing foreign labor easier and let them use Investor-State Dispute Settlements to by pass labor laws.