|
World Business Quick Take
AGENCIES
Wednesday, Apr 13, 2005, Page 12
¡½ Music Piracy IFPI to sue in Asia, Europe
The international record industry expanded its fight against music piracy yesterday, announcing that it will file hundreds more lawsuits across Europe and Asia against individuals and groups it accuses of illegally sharing music through the Internet. The International Federation of the Phonographic Industry (IFPI) said its affiliates are filing 963 new cases and are also adding five new countries to the list of litigation. In the new wave of lawsuits, Japan becomes the first Asian country to launch legal action against music piracy. It is also the first time such action has been taken in the Netherlands, Iceland, Finland and Ireland. Kazaa, which used to be the largest and most popular file-sharing service, has seen its users drop by approximately 45 percent -- from 4.2 million to 2.3 million concurrent users -- since the start of the warning and litigation campaign, the IFPI said.
¡½ Airlines
State aid row heats up
The future Airbus A350 aircraft, designed to rival Boeing's 787 Dreamliner, could be the first victim of a lengthy dispute between the EU and the US over state aid to the aeronautics sector. Brussels and Washington failed to meet their self-imposed deadline Monday to achieve a negotiated agreement on subsidies to Boeing and Airbus. The US has bitterly opposed European plans to subsidize the A350 and has threatened to seek arbitration by the WTO if the EU allows aid to the project before the end of bilateral negotiations. The situation has stymied the European aircraft maker, which intended to ask its four participating countries, Britain, France, Germany and Spain, for aid to finance the A350. The project's cost is estimated at 4 billion euros (US$5.19 billion).
This story has been viewed 1975 times.
|
Advertising


|