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Wednesday, July 4, 2012

Euro Parliament kills ACTA treaty before court can look at it

As widely expected, the hapless Anti-Counterfeiting Trade Agreement (ACTA) treaty has been rejected by the European Parliament.

European MPs wanted to push through a vote before the European Court of Justice had ruled on whether ACTA is compatible with European Treaties - and succeeded. Altogether 478 MEPs voted against ratifying the treaty, while 39 supported it – 165 MEPs didn't turn up at all.

The treaty lost its copyright liability provisions some time ago, and its rejection will hurt many SMEs and small inventors who genuinely need help in policing their trademarks and brands against fraudsters and copy-cats.

Many of the larger world economies have signed the agreement – including the USA, Japan, Singapore, South Korea, Australia and Canada – although no one has ratified it yet. There is some pressure to put it to a Congressional vote in the States and the Australian government recently recommended that ratification be deferred. Read More