Showing posts with label whether TPP signatory countries will standardize copyright terms lengths to minimum term of life of author plus 70 years. Show all posts
Showing posts with label whether TPP signatory countries will standardize copyright terms lengths to minimum term of life of author plus 70 years. Show all posts

Wednesday, July 22, 2015

TPP's Copyright Trap; Electronic Frontier Foundation (EFF), 7/22/15

Electronic Frontier Foundation (EFF); TPP's Copyright Trap:
"One of the defining battles in the Trans-Pacific Partnership (TPP) negotiations is whether its signatory countries will standardize copyright terms lengths to a minimum term of the life of the author plus 70 years. This would effectively set the maximum duration of copyright holders' monopoly rights to over 140 years. This is the demand from rightsholder groups such as the RIAA and MPAA who advise the U.S. Trade Representative (USTR). A precedent for such a provision has been set in previous Free Trade Agreements with countries like Australia and Singapore.
But the world's leading economists agree that such an extraordinary long copyright term makes no sense. It provides no further incentive for creation and provides little additional income to creators or their families—except for a very small, successful minority."