27 Oct '11, 2pm

PROTECT IP Becomes The “E-PARASITE” Bill In The House & As Bad As The Senate Bill Was This Is Much Worse

Yesterday Rep. Lamar Smith (R-TX), Chairman of the House Judiciary Committee, introduced HR 3261, the ‘‘Enforcing and Protecting American Rights Against Sites Intent on Theft and Exploitation Act of 2011’’, also known as the “E-PARASITE Act . Its the house version of the PROTECT IP Bill which is even more stringent, provides great penalties on a wider range of people than the quite harsh PROTECT IP bill. As the names of both bills indicate its all about IP protection and driving by the RIAA, Hollywood interests, Trademark Interests and those representing them. (known as “rights holders”) The 79 page bill Would Cut Off Website Payment and Ad Services Without Initial Court Review It requires payment providers and ad networks to terminate their services to a website upon mere receipt of a letter from a rights holder alleging that the website was one “dedicated to theft of U.S...

Full article: http://www.thedomains.com/2011/10/27/protect-ip-becomes-t...

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