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CATO Institute Releases Paper Criticizing DMCA 418

flanksteak writes "The CATO institute has published a paper criticizing the DMCA entitled 'The Perverse Consequences of the Digital Millennium Copyright Act.' From the article: 'The DMCA is anti-competitive. It gives copyright holders--and the technology companies that distribute their content--the legal power to create closed technology platforms and exclude competitors from interoperating with them. Worst of all, DRM technologies are clumsy and ineffective; they inconvenience legitimate users but do little to stop pirates.'" A report worth taking a look at that puts into words what most of us know already.

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