Following protests in the United States, current discussions in Congress on
the proposed Stop Online Piracy Act (SOPA) and PROTECT IP Act (PIPA) have been
postponed in both the House of Representatives and the Senate, respectively.
The current drafts of the bipartisan anti-online piracy legislation aim to
crack down on rogue websites dedicated to providing access to unauthorized downloads,
streaming or sale of copyrighted content and counterfeit goods, ranging from
new entertainment releases to pharmaceuticals and consumer products. Those websites
are often foreign-owned and operated, and therefore outside of American jurisdiction.
Supporters of the parallel bills include television networks, music publishers,
the film industry and book publishers, but opposition from within the internet
sector has been growing since they were first drafted.
The legislation would provide the US Department of Justice with an expedited
process for cracking down on websites accused of "enabling or facilitating"
piracy. There would be an authorization for the serving of an issued court order
on search engines, payment processors, advertising networks and internet service
providers.
Within the bills, remedies would be limited to eliminating the financial viability
of the site. However, although a previous stipulation in the proposed legislation
that access to the websites should be blocked by using the Domain Name System
has been deleted, internet companies still fear that they would be forced to
police web content.
There have therefore been comments that the bill's sponsors have not understood
the internet's architecture or comprehended the bills’ real implications.
In a statement, Google said that it opposed the bills that asked “American
companies to censor the internet”, while a statement from Wikipedia expressed
the opinion that the bills, if passed, “would be devastating to the free
and open web”.
Following such opposition, the House Judiciary Committee Chairman Lamar Smith
(R-Texas) has now confirmed that the Committee would postpone consideration
of the SOPA, until there is wider agreement on a solution.
“I have heard from the critics and I take seriously their concerns regarding
proposed legislation to address the problem of online piracy,” he said.
However, he also added that “the problem of online piracy is too big to
ignore”, and that, given “theft of America’s intellectual
property costs the US economy more than USD100bn annually … Congress cannot
stand by and do nothing.”
He confirmed that “the Committee will continue work with copyright owners,
internet companies and financial institutions to develop proposals that combat
online piracy and protect America’s intellectual property. We welcome
input from all organizations and individuals who have an honest difference of
opinion about how best to address this widespread problem.”
In like manner, the Senate Majority Leader, Harry Reid (D- Nevada), while disclosing
that he has postponed a vote on the PIPA, said that "there is no reason
that the legitimate issues raised by many about this bill cannot be resolved.
… We must take action to stop these illegal practices.”
Lowtax Network Portal: 'Low-tax' business and investment in the top
50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day. Investors
Offshore: The independent offshore and alternative investment guide
for expatriates and the globally aware investor. Law & Tax News: Daily
news and background data on tax and legal developments for international business. Offshore-e-com: A topical
guide to offshore e-commerce focused on tax and regulation. Lowtax Library: One of
the web's largest and most authoritative business and investment information
sources. US Tax Network: The resource
for free online US taxation information, covering: corporate tax, individual
tax, international tax, expatriates, sales and e-commerce tax, investment
tax. Personal Business Tax
Guide: Providing essential tax news and information on business for
contractors, entrepreneurs, professionals, small businesses, artists, sportspersons
and entertainers. Offshore
Trusts Guide: OTG publishes news, features and newsletters on the
use of offshore trust structures. TreatyPro:
The online tax treaty resource.
Lowtax Library
One of the web's largest and most authoritative business and investment
information sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated intelligence
reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer
pricing. Reports are available for immediate downloading or as subscription
services with news pages.
Advertising
& Marketing
With over 50,000 qualified readers every month our web-sites offer
a number of cost effective, targeted advertising, sponsorship and marketing
opportunities:
- Display advertising - from 'skyscrapers' to 'buttons'
- Content/article submission and sponsorship
- Opt-in email marketing
- On-line Services Directory listings
Click
here to learn more or contact Charles Bell on +44 (0)1424 205 425
or at charles@bsi-media.com
and he will put you in touch with your regional rep.
News & Content
Solutions
Could your corporate web-site or newsletter benefit from incorporating
regularly updated news and content tailored to serve your clients' interests?
We can provide a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
Click here
to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com
and he will put you in touch with your regional rep.
Comments
Read our Posting GuidelinesBe the first to comment on this story...
Write a comment