IP UPDATE: ACTA May Need a Second Act

The Internet has created a number of challenges for rights holders and the law. The Anti-Counterfeiting Trade Agreement (ACTA) – a plurilateral agreement that seeks to establish worldwide standards for enforcing Intellectual Property rights — was first developed by the U.S. and Japan in 2006, and was signed last October by the U.S., Australia, Canada, Japan, South Korea, Mexico, Morocco, New Zealand, Singapore and Switzerland; in January 2012, the European Union and its 22 member states signed as well.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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