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I see that an Australian economist shares @pluralistic 's idea that a suitable reaction to the #TrumpTariffs is to weaken IP laws benefitting US corporations.
gross.substack.com/p/the-smart…

Mr. Doctorow suggests cancelling legal penalties protecting DRM; Prof. Gross favours weakening patent protection of American pharmaceutical companies.

Unlike counter-vailing tariffs, these are measures that would hurt US business and benefit other countries.

#economics #uspol

in reply to M. Grégoire

weakening IP protection of pharmaceutical companies will hurt a lot of other countries than the US, and given the massive amount of time and money that goes into R&D before their products are available to the public, I am not entirely convinced that it would be a good idea.

en.m.wikipedia.org/wiki/List_o…

in reply to madsenandersc

@madsenandersc he's not suggesting a free for all, only a rollback of regulations to pre-TPP, which worked internationally for a really long time. Additionally, I think they should consider targeting 4-5 individual parents from US big pharma companies that cost the Australian economy the most.
This entry was edited (1 week ago)
in reply to M. Grégoire

if the US tariffs are in breach of the AUSFTA, then can we scrap the 20 year extension on all media copyright?
in reply to M. Grégoire

Exactly. US only ”trades fair” when they are benefitting from the deal.

They force your country to adopt legislation that can hurt the local businesses market share, while they promise access to their huge internal market as a return.

That access is now gone, so might as well kill the legislation.