Hang on a minute here, the legislation says that no company should be barred from bidding for an open tender for services. Surely that's a good thing? The NHS can choose whoever they like. The legislation doesn't say that the NHS has to choose the American supplier or they'll be sued, it just says that they can't discriminate against someone from tendering.
You buying a service from a supplier hardly gives them impunity to act how they like, does it?
"In addition to this deregulation agenda, TTIP also seeks to create new
markets by opening up public services and government procurement
contracts to competition from transnational corporations, threatening
to introduce a further wave of privatizations in key sectors, such as
health and education. Most worrying of all, TTIP seeks to grant foreign investors
a new right to sue sovereign governments in front of ad hoc arbitration
tribunals for loss of profits resulting from public policy decisions.
This ‘investor-State dispute settlement’ mechanism effectively elevates
Sovereignty is out of the window. A political party cannot say this or that service will stay in public hands. If they do the company will get compensation for 'projected profits'.
this report
Edit. And therefore the government will have to pay the fine thereby borrow the money and increase debt or cut services elsewhere. The IMF lend money on condition that public services are open to companies, more often than not US.