This article specifically caught my attention because the term “rent seeking” has so frequently been misapplied to copyright. Interestingly enough, it is a term correctly used to describe the manner in which, for instance, the major tech platforms enjoy a competition-free market. Porter writes … “The scholars argue that the American economy is afflicted by “rents” — returns in excess ...
On Monday, the Internet Association, which represents most of the major online platforms, sent a letter to the president-elect asking that his administration show support for the the status quo of the CDA and the DMCA in order to sustain “innovation and free expression” online. But for the date and the name Trump, the letter is a boilerplate industry position ...
I frequently encounter comments on this blog and around the web reiterating the thematic question as to whether or not “artists should be paid as much as they are.” The inquiry is typically posed by contrasting the arts to other professions we likely consider more critical, like emergency medicine or teaching or epidemiology. This attitude is a bit of a ...
A new report released today by the International Intellectual Property Alliance (IIPA) offers the following big headlines for FY2012: the copyright industries, for the first time, contributed over $1 trillion to the U.S. economy, accounting for nearly 6.5% of GDP; these industries represent nearly 5% of all private-sector jobs (5.4 million) in the U.S.; these industries grew at an aggregate ...
