U.S. online piracy bill headed for major makeover
Source: Reuters
U.S. online piracy bill headed for major makeover
By Sarah McBride
Mon Jan 16, 2012 5:23pm EST
(Reuters) - U.S. legislation aimed at curbing online piracy, which had appeared to be on a fast track for approval by Congress, appears likely to be scaled back or jettisoned entirely in the wake of critical comments over the weekend from the White House, people familiar with the matter said.
The legislation, known as SOPA in the House of Representatives and PIPA in the Senate, has been a major priority for entertainment companies, publishers, pharmaceutical firms and many industry groups, who say it is critical to curbing online piracy that costs them billions of dollars a year.
The legislation is designed to shut down access to overseas websites that traffic in stolen content or counterfeit goods.
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With public sentiment on the bill shifting in recent weeks and an implicit veto threat now emerging from the White House, Congressional staffers are resigning themselves to writing replacement language or possibly entirely new bills.
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http://www.reuters.com/article/2012/01/16/us-usa-internet-piracy-idUSTRE80F1Q320120116