intellectual property piracy
According to an LA Times article, the Justice Department is in the business of prosecuting online piracy, the downloading of music and movies that enjoy copyright protection. This isn't exactly news to me, but I guess after almost a year of law school, something just occurred to me.
These are essentially violations of copyrights, intellectual property violations. Now I haven't taken any IP classes yet, but I understand (or deduce) that the purpose behind IP laws is to encourage innovation and enterprise, by allowing innovators to have exclusive control and use of their own ideas for a certain period of time. Unless I'm sorely mistaken, the laws also give holders of copyrights the legal standing to sue pirates for violating their copyrights (and I actually just realized how the word "copy-right" originated as I typed that).
So why in the world doesn't the Justice Department just let the music and movie industries sort this out on their own? If they believe that turning to the courts is the best way to resolve the piracy problem, why not let them hire their own lawyers to do so? Why does the Government need to devote its own legal resources to prosecuting copyright violations? I don't think the Justice Department actively intervenes on behalf of Nike, Louis Vuitton, and other major apparel brandnames, does it? So why do the music and movie industries get the special treatment? Considering how much money they make, it seems unlikely that they lack the resources to vindicate their rights in court. I guess I'm not exactly crying a river for businesses that can afford to give their artistes multi-million dollar contracts.
In fact it seems like it might almost be good public policy not to intervene on behalf of the Industry. If online piracy really will eat into their earnings (I don't think there's much doubt about that), perhaps it will give them a good incentive to re-invent how they do business, and to stop paying stars so much. I'm a modest fan of market regulation because I think there's a substantial inequality of bargaining power between corporations and consumers, and if left to their own devices, corporations tend to freely exploit consumers in pursuit of profit. But for once, now that Everyman has a way of effectively challenging corporate power and pinching them where it hurts, maybe the Government should take a more hands-off approach and let market mechanisms (and file-sharing innovation) sort this one out.
