Two law professors, moderated by the magazine's financial columnist, James Surowiecki, argued from opposite sides on the merits of copyright protection on fashion design, and whether low-cost copies of designs resulted in an "induced obsolescence" that stimulated both innovation and the marketplace. Surowiecki pointed out that pushes for more copyright protection on luxury goods faced a hurdle: "You'd be hard-pressed to look at luxury and fashion companies and say, 'They're in trouble,' unlike in the case of the music industry. What is the economic harm? The profits aren't as massive?" — Irin Carmon
Memo Pad
Memo Pad: Don't Mess With Uma... The Future Is Now, And Then...
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Posted Monday May 12, 2008
Last Edited Saturday June 21, 2008
From WWD Issue 05/12/2008
Two law professors, moderated by the magazine's financial columnist, James Surowiecki, argued from opposite sides on the merits of copyright protection on fashion design, and whether low-cost copies of designs resulted in an "induced obsolescence" that stimulated both innovation and the marketplace. Surowiecki pointed out that pushes for more copyright protection on luxury goods faced a hurdle: "You'd be hard-pressed to look at luxury and fashion companies and say, 'They're in trouble,' unlike in the case of the music industry. What is the economic harm? The profits aren't as massive?" — Irin Carmon





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