New EU Copyright Laws Seek To Hit Back at Google, Facebook

By John Heerdink LinkedIn

Unless something unforeseen happens, the EU looks set to pass a new set of copyright laws for the first time in twenty years on Monday as they seek to protect artists, journalists, publishers, and others from losing fair compensation for their work. In particular, the new laws appear to be a way to require two tech giants in particular, Facebook (FB) and Google (GOOG) to better protect creative content by imposing a set of more stringent regulations.

The proposed legislation puts the burden on companies like Google to sign licensing agreements with  artists, musicians, and journalists for if they wish to use their work. In particular, Google’s Youtube and Facebook’s Instagram would be forced to install new filters that would catch violations of the copyright laws.

Although the intent seems to be to prevent infringement of creators’ rights by certain big-name companies, opponents of the law see it as possibly affecting small start-ups much more who have less funds to implement the required changes. Several EU countries are set to oppose the change, including Finland, Italy, Luxembourg, Poland, Sweden, and the Netherlands, but their opposition will not likely be able to stop the new laws from passing.

Minus Sweden, the countries opposing the new copyright regulations released a joint statement, saying in part, “We regret that the directive does not strike the right balance between the protection of rights holders and the interests of EU citizens and companies.”

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EU copyright revamp targeting Google, Facebook set for approval on Monday

EU countries are set to agree an overhaul of the bloc’s two-decade old copyright rules next week, requiring Google to pay publishers for news snippets and Facebook to filter out protected content, despite increasing opposition from some governments. EU lawmakers at the European Parliament gave the..

finance.yahoo.com

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