TTIP is an agreement that parallels the corporate power grab knows as the Trans-Pacific Partnership (TPP), but is limited to the United States and Europe. Like TPP, TTIP is written by and for transnational business interests looking to loosen regulations.
Among the objectives of TTIP is further deregulating Wall Street/finance capital, lowering food safety and environmental standards, and weakening trade unions. In other words, the same agenda Big Business has always had but with new legal, regulatory, and political tools to see their agenda achieved.
The new order brought in under TTIP and TPP creates opportunities for Big Tobacco. The further empowerment of the corporate sector under the trade deals means businesses can sue governments to weaken regulations. It’s something Big Tobacco has already started doing using existing international agreements.