What is the IP Act? And why should we care?

How would you feel if the government regulated your internet?  It’s a tough question with lots of unanswered questions.  Here’s an overview of what the IP Act is…The Protect IP Act (PIPA) is a U.S. Senate bill introduced by Senator Patrick Leahy. Along with its House counterpart Stop Online Piracy Act (SOPA), the bills are designed to provide the government and copyright holders with powers to block access to “rogue websites dedicated to infringing or counterfeit goods,” especially those registered outside the United States. Since its introduction on May 11th, 2011, the proposed bill has been met by opposition from various digital rights activists and bloggers for its encroachment in online activities protected under the first amendment of free speech. Congressional hearings for both bills began on November 16th.  Here’s a good site to find out more on the IP ACT and how it may affect you and your daily life.  How will this affect the real estate industry?

 

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