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Monday, July 12, 2004

PRICE DISCRIMINATION NO SUBSTITUTE FOR COPYRIGHT POLICY

"Price discrimination is no panacea, however, and as a cure it may be in fact worse than the supposed disease. Everything else equal, it might work, but everything else will not be equal. Most importantly, changes in technology will not be used to their full advantage and innovation will be hampered by excessive and unnecessary centralization of the creative process.

Business models should follow the underlying economic objectives of copyright law, rather than the other way around. Existing industries are merely means to an end, not the end in itself, and ultimately the price discrimination if solution fails to make this critical distinction. "

Full text available at http://homepage.mac.com/ahdfox/copyrightcanada/FileSharing12.html, select CopyrightEconomicsFinal.pdf.

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