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Creative destruction and copyright protection: regulatory responses to file-sharing

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The DEA gets the balance between copyright enforcement and innovation wrong. The use of peer-to-peer technology should be encouraged to promote innovative applications. Focusing on efforts to suppress the use of technological advances and toprotect out-of-date business models will stifle innovation in this industry.Providing user-friendly, hassle-free solutions to enable users to download music legally at a reasonable price, is a much more effective strategy for enforcing copyright than a heavy-handed legislative and regulatory regime. Decline in the sales of physical copies of recorded music cannot be attributed solely to file-sharing, but should be explained by a combination of factors such as changing patterns in music consumption, decreasing disposable household incomes for leisure products and increasing sales of digital content through online platforms.

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en

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application/pdf

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http://eprints.lse.ac.uk/33905/1/LSEMPPBrief1.pdf

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