Another long examination of copyright. Its main thesis can be found near the end of the second section: "The introduction of monopoly interests in relation to information undermines the independence of that information and, consequently, consumer trust and confidence. This in turn increases the transaction costs incurred by consumers for the acquisition of information. One result of this is the implicit creation of large barriers to entry in the information market." Because copyright owners abuse their ownership, and because consumers perceive no good reason for respecting copyright, widespread violations occur. The author outlines a set of limitations on copyright designed to allay those abuses and restore confidence in the system. Good article, thought provoking. By Brendan Scott, First Monday, September 4, 2001.
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