24 November 2006

The Intellectual Monopoly Screw

One of the US's favourite tricks is to apply the intellectual monopoly screw. That is, demanding over time ever more from nations who wish to enter into trade agreements with them. In this way, the overall context becomes ever-more favourable towards intellectual monopolies, and the baseline moves inexorably forwards.

The latest example is Russia:

In its bilateral negotiation with the United States in order to join the World Trade Organization, Russia appears to have agreed to intellectual property rights standards that push those of the WTO and US law to new levels.

This is particularly bad news, because it's going to make unwinding all of this excessive protection for monopolies much harder. And that's the idea, of course.

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