FASTER INTERNET=MORE THEFT?
FASTER INTERNET=MORE THEFT?
POLITICOThe Chamber of Commerce says digital theft and copyright breaches will be exacerbated as broadband expands to more households.
“The problem is only getting worse as Internet expands and speeds increase,” Mark Esper, head of the Chamber’s Global IP Center said while discussing the White House’s new IP Enforcement Strategy. Illegal downloads cost the music industry lost $12 billion last year, counterfeit drug sales online cost the pharmaceutical industry $46 billion, and pirated copies of software cost the business software industry $53 billion, he said.
