22 January 2012 — Max Keiser
* Anti-Counterfeiting Trade Agreement
In October 2007, the United States, the European Community, Switzerland, and Japan simultaneously announced that they would negotiate a new intellectual property enforcement treaty the Anti-Counterfeiting Trade Agreement or ACTA. Australia, the Republic of Korea, New Zealand, Mexico, Jordan, Morocco, Singapore, the United Arab Emirates, and Canada have joined the negotiations. Although the proposed treaty’s title might suggest that the agreement deals only with counterfeit physical goods (such as medicines) what little information has been made available publicly by negotiating governments about the content of the treaty makes it clear that it will have a far broader scope and in particular will deal with new tools targeting ‘Internet distribution and information technology’.