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this post was submitted on 23 Sep 2024
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WTO/ICC Arbitration coming in 3 ... 2 ...
Honestly, I hope Google just stops doing business in Argentina. Let their courts tussle with phone manufacturers that sell Android devices until they do the same. Not the end of the world if your citizens have to buy such things grey-market or keep using what they already have, or buy devices with other operating systems.
Before you say Apple, Apple would have to handle it pretty much the same as Google if/when they get sued/prosecuted like so.
The ICC doesn't have jurisdiction over civil matters. The ICC only has jurisdiction over the most egregious of war crimes, crimes against humanity and genocide, on a voluntary transnational basis (you have to be a signatory country, which I believe Argentina is).
There's the International Criminal Court, yes, but there's also the International Chamber of Commerce.
The confusion gives them(the Commerce peeps) a veneer of authority, although as a facet of the International Monetary Foundation that the US/EU requires countries to sign onto in order to do business, they do issue binding decisions versus member countries. That, or the US get's more hands-on with its meddling.
Ah I get you, sorry, I stand corrected. Surely such a claim would come forward through the WTO though, would it not? Would the ICC (the Chamber of Commerce) have enough teeth as the forum for what's surely a monumental case?
The WTO is probably right. I couldn't remember earlier, did some googling, and went with what I found. The WTO and IMF together are a global juggernaut. The ICC is ... the one that sticks out in my memory, for some reason.
I believe the ICC does have a dispute forum. But when you get to these IGOs, it's unbelievable how many there are. Could probably bring the complaint forward in multiple other forums too.
In the case of the IMF, its unbelievable how much power and influence they have.
Monetary policy makes the world go round, unfortunately.