Wednesday, July 23, 2008

WIPO for private-public role to fight software piracy in India

The World Intellectual Property Organisation (WIPO), a specialised agency of UN, has said that the best solution to stop the software piracy in India, which has reportedly led to a loss of about two billion dollars in revenue last year, is public-private coordination.

Software piracy is a huge problem in India. As a result of which many global computer giants are facing the heat worldwide. The best possible way to put an end to software piracy in India is a close coordinated scheme between private and public sectors in the country, Director of Copyright Law at WIPO Jorgen Blomgvist told PTI.
A study by the Business Software Alliance (BSA), an international association representing the global software industry, in May showed that computer software piracy rates in India registered huge monetary losses in 2007.

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