Since the European Commission has presented its long awaited draft on Chapter II Investment for the negotiations of the EU with the USA, the Austrian Federal Chamber of Labour (Bundesarbeitskammer, BAK) is taking this opportunity to present its critical analysis of investment protection, as well as the investment arbitration system, the Investment Court System. This analysis is based on the opinion of the BAK on the public consultation regarding ISDS in TTIP dated 14.05.2014 and the opinion of the BAK on the corresponding negotiatingmandate dated 22.04.2013.