The god of cheaper prices: New threats to our literary culture from the Productivity Commission
The federal government has been promoting the innovation economy, but is considering recommendations for legal reform which will undermine the financial and cultural interests of creators. This conflict captures the tension around real reform in this area. Are they being serious? The recommendations are contained in the report of the Productivity Commission, an independent panel which reviews options to make our economy more productive, favouring free markets, and eschewing monopolistic practices.
Intellectual property laws are all about monopolies which have long existed to foster creativity and invention. With respect to copyright, the Productivity Commission has recommended the abolition of restrictions on parallel importation and the introduction of a defence of fair use in copyright in place of the fair dealing defence.