Stop Online Piracy Act (SOPA) Research Paper Example | Topics and Well Written Essays - 1250 words - 1

Stop Online Piracy Act (SOPA) - Research Paper Example t services from carrying out business with the offending websites and search engines links to sites, and court orders demanding suppliers on the Internet to disallow accessing sites. The bill would expand the criminal law to consist of the unauthorized transmission of copyrighted material, setting a maximum penalty of 5 years imprisonment2. The bill has grave implications for the current structure of the Internet in every sense as it allows the Justice Department and the owners of intellectual property, obtain court orders against those sites or services that allow or facilitate the infringement of alleged copyright, including: The bill declares a criminal offense to unauthorized radio broadcast or other distribution of copyrighted content with the punishing of the guilty with the maximum penalty of imprisonment for a term of 5 years. At the same time immunity from prosecution vested all Internet companies that voluntarily and on their own initiative took any action against the online service, dealing with the spread of protected content, while making these companies liable for damage to their site owners charged with illegal distributing content. Under the bill, any member of a network on the Internet – from service providers, search engines and even the advertisers – in fact, require treatment for any owner to stop providing services to the resource, accused of piracy, and to stop any interaction with them (for example, close the channel, pay for content, suspend the ad contract, to limit the effect of the payment system, delete the site from Google to remove links to the site, completely block a site to visit, to prohibit the payment systems (such as PayPal, Visa, etc.) to make payments in favor of services and so on); otherwise, any of the direct and indirect accused of counterparties site will be regarded as his partner. Under the eyes of this new law, merely to get on your wall a picture, document or video that has a copyright will be considered a

Risk Involved in Foreign Direct Investment Essay

Risk Involved in Foreign Direct Investment - Essay Example Telecommunications Regulatory Commission (TRC) is responsible in regulating the telecommunications sector. The political aspect is also explored as it is the political system that drafts the rules that outline how business operations are run. In conclusion, I argue that multinational companies need to strike a consensus with the Sri Lanka government in reference to regulatory conditions. As it will become clear in this paper, the role of multinational corporations in the development of economies cannot be underestimated. However, some risks for example those related to the political aspect of governance may prove to be a big obstacle to multinational corporations seeking to invest in Sri Lanka. It is on this basis that this paper comes up to consider the response options available to multinational corporations that operate in the country. Through the use of questionnaires, data relating to the operation of multinational corporations and the risks involved is collected. Through the use of statistical means the data is compiled and analysed. The study finds out that indeed there are political and regulation risks that define operations of multinational corporations in Sri Lanka. This regulation becomes a critical aspect as the rules and regulations are not applied across the board. Through the use of econometric analysis, it is found that political and regulation risks are statistically significant as they influence investing patterns. The small inflow of FDI indicates the response by MNCs towards such regulation. It is however proposed in this paper that the firms should respond by negotiating with governments rather than such withdrawals. It is concluded on the basis of the findings that there indeed exist a connection between political and regulation risks and operations of MNCs in Sri Lanka (Akram 2003).