CED Report Urges Balanced Approach Digital Intellectual Property Issues to Promote Economic Growth

Submitted by Blake on Mon, 03/01/2004 - 13:12

The entertainment industry's pursuit of tough new laws to protect copyrighted materials from online piracy is bad for business and for the economy, according to a report being released today by the Committee for Economic Development, a Washington policy group that has its roots in the business world.

NYTimes Piece summarizes things nicely, or read the Committee for Economic Development: Press Release, Summary, Full Report.
"We are sympathetic to the problems confronting the content distribution industry," said the report, "Promoting Innovation and Economic Growth: The Special Problem of Digital Intellectual Property." "But these problems - perfect copies of high-value digital works being transmitted instantly around the world at almost no cost - require clear, concentrated thinking, rather than quick legislative or regulatory action."