July 1, 2008

The cost of copying

In Canada there is a new copyright law going through the process needed, which could mean that anyone found copying copyrighted work will no longer have to face a potential fine of a $100,000, in fact with the limitations, it may only be as much as $500!

This is because the law is changing the statutory damages awards. Currently being sued would mean that the copyright owner could seek compensation for between $500 and $20,000 for each infringement, that could work out expensive.

But the new law means that only $500 may be given in damages and all other preceding infringements do not count. So for the ten claims it could have cost $200,000, but because of the law change it is still $500!

Source [IC]

Filed Under Consumers, Fraud, Payments, Purchases 

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