After suffering a great loss in Europe (the rejection of ACTA by the EU Parliament), major copyright companies are worried about what follows from now on. The Anti-Counterfeiting Trade Agreement was set to push copyright laws on international borders, including its controversial provisions, a cause for a lot of debating and criticism from not only the public, but also companies such as Google, Wikipedia, Reddit, etc. Despite its defeat in the parliament, there are still two more acts working their way around, one being CETA (Comprehensive Economic and Trade Agreement) and TPP (Trans-Pacific Partnership). However, ACTA may still have a chance to live on if Australia, New Zealand and Mexico agree to sign the act, but fact is that Australia is already giving the impression that ACTA will not pass , while New Zealand has opened a public poll to aid the government decide whether the agreement will be ratified or not. The last on the list, Mexico, as the Mexican congress already voted to reject ACTA. What’s important to realize is that if ACTA would have passed, the other incoming legislations (CETA, TPP) could have restricted your internet rights even further, but with ACTA’s defeat things are not going to be that easy anymore. Major corporations’ reaction to this development was better explained by IP-Watch : At a little-publicised annual meeting of the Transatlantic Intellectual Property Rights (IPR) Working Group in Brussels this week representatives of the European Commission, several United States agencies and rights holder agreed that there might be tough times ahead for IPRs and rights holders

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Turmoil For Copyright Companies