Rent Check
A new paper from the Information Technology and Innovation Foundation takes aim at critics of current IP policy. They make a number of good points in favor of IP, but they gloss over many important counterarguments and cast unnecessary aspersions on reasonable critics of current policy.
News and Commentary
Infojustice.org advocates for reform efforts to global IP laws that would provide exemptions for education purposes. There are current drafts of legislation that would remove the barriers that currently prevent educators, researchers, and students from working with protected IP.
US Trade Rep. Lighthizer and Treasury Secretary Mnuchin are arriving in China today for a new round of trade talks, and, in preparation for that meeting, the Chinese have defended their IP practices. They argue that the accusations against them aren’t based on facts and ignore the progress China has recently made on improving IP protection.
One such example of this IP protection is the recent announcement made by Chinese Authorities that they have begun cracking down on movie pirating.
Michael Rosen of AEI gives an update on the copyright infringement cases against the makers of Fornite over their use of dances created by other people. The Supreme Court’s recent decision in Fourth Estate Public Benefit Corporation v. Wall-Street.com means that the plaintiffs must wait for their copyrights to actually be approved before filing suit.
Tyler Cowen looks at recent pharmaceutical research that shows that pharmaceutical research costs $2,837 per life-year saved. This impressive return is an example of why spending should be increased on pharmaceuticals.
Alex Moss and the EFF published a thorough takedown of the Tillis-Coons proposed patent bill that is making its way through the Senate. Particularly, the bill attempts to fundamentally change the US patent system by removing the requirement that an invention must be “new and useful” to warrant a patent. Moss argues that this change would do nothing besides harm innovation and help major corporations and patent trolls.
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