How will the Trans Pacific Partnership Destroy our Patent System?
Channel: Economy In Crisis
Date: 16/07/2014

U.S. based multinationals, who now have no allegiance to the United States at all, are attempting to shape these agreements in ways that will allow them to circumvent laws set by our Congress. This is not the way our democracy was meant to work. It is a perversion of the original vision of our Founding Fathers. One of the biggest problem areas in the proposed Trans-Pacific Partnership (TPP) is patent protection. The pharmaceutical industry is pushing hard to overhaul our patent system for their own benefit and at our expense. These companies want long monopoly periods for expensive drugs, like those used in cancer treatments, that can cost upwards of $100,000.