Uruguay's Victory Over Philip Morris Will Change The World

``... the Uruguay decision [on tobacco packaging] is a signal that the trade community finally "gets it." For decades, trade tribunals have, behind closed doors, reliably overturned public interest regulations in the interest of corporate profits, even when the regulations are not discriminatory against foreign goods or services. There have been hundreds of legal treatises about the friction between trade and investment rules on the one hand and public interest legislation on the other. This decision is a small indication that the needle may be moving in the right direction.''