What I don't like about this deal is the ability for companies to attack governments for legislation that might damn this. This might make worker safety laws and services difficult to perform since if a reason production is moved overseas is for its cheaper environment: provided by a potential lack of work-place safety and environmental regulations. So it would stand to fairly suggest that these companies could fairly start suing governments for trying to pass these protections because TTP allows them too. And perhaps it'd be more difficult to even enforce existing ones; but that would remain to be seen.

Simple thing is: people like me would want to see stuff get unfucked but we're leaving an avenue for things to be fucked in the end because bottom dollar counts and not quality of life or process by which work is done. So we'll be surrendering to the shell promise of companies saying, "we're doing above standard" and the process of investigation is made difficult. It could be like an environment in the cleanliness of food in China for instance: where everyone knows everything is shit and there's a lot of fear of eating the stuff from the market but no one has a choice on the matter and has to buy anyways.

But that may be conspiratorial.

Another direct impact would be the already muddy world of copyright. I don't know what effect this would have on the informal (I think) economies of the internet with fan art; monetized or not. It could break some things or make others more complex. And as much as I don't like a lot of Let's Players I can see this easily breaking down into that world and causing a lot of scrambling. And this judgement too could be valued in the same sort of fear of the unknown as above.