M'sia could be violating WTO rules: Paper

By Staff, ZDNet Asia
Tuesday, July 15, 2003 09:59 AM
Could Malaysia be in breach of a World Trade Organization (WTO) rule by going ahead with price controls on software and recordings?

According to the Singapore daily, The Straits Times, the newspaper understands that the U.S. is looking into such a violation of the trade agreement if it goes ahead with the plan to put software, movie and music discs under the same price controls as rice and sugar.

The WTO pact makes it clear that no signatory should do anything that would 'unreasonably prejudice the legitimate interests of the right holder', said the paper.

Original CDs are priced between RM25 (US$7) and US$15, while pirated copies go for about US$2. Original Video CDs are priced at US$12 and copies are sold at US$2.

Both Microsoft and BSA are not in favor of the Malaysia's plan to use price controls to stem piracy. Last month, authorities announced plans to place software, CDs, DVDs and Video CDs (VCD) under the same price regulations that govern food and essential items such as oil and rice. By reducing the price of the discs, the government hope the curb the piracy for which the country has received criticism from copyright protection groups.

Organizations like the Recording Industry Association of Malaysia (RIM) and BSA will meet with government officials to suggest other ways to regulate the pricing of their members' products.


WORTHWHILE?

0

0 votes
Blog

Talkback 1 comments

Ahhh pleaaaase.... and WTO could be violating human common sense rule!
Posted by anonymous on Wednesday, July 16 2003 12:52 AM


Tech Jobs Now!

Search for your ideal tech job:

10 open source projects worth checking out

Open Source

The open source field is pretty crowded, but certain projects stand above the rest. Here are 10 tools and solutions you don't want to overlook.


Read more »



Do we need more delivery centers?

Blog thumbnail

As I wrote a while back in about "racing to subsidies", there certainly is an increased focus by governments to attract delivery centers to their region. To do that, many..... by Michael Rehkopf

Read more »

Tags

  1. acquisition
  2. acquisitions
  3. ceo
  4. china
  5. financial
  6. google inc.
  7. green it
  8. ibm corp.
  9. india
  10. industry
  11. information technology
  12. it outsourcing
  13. job
  14. microsoft corp.
  15. network
  16. outsourcing
  17. revenue
  18. singapore
  19. software
  20. u.s.