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Could ‘fair compensation’ be fairer to all?
Finding an alternative to copyright levies
The economists at Oxera publish excellent Agenda articles on a range of topics, and this most recent one deals with the contentious issue of copyright levies.
The majority of EU countries have a system of copyright levies on blank media and devices
with storage capacity, such as MP3 players, mobile phones and recordable DVD players. Yet
the rationale for, and implementation of, these regimes have been subject to a series of legal
disputes and economic criticism in recent years, and some countries, including Spain, Finland
and the Netherlands, have begun to look for change. Could an alternative system be less
distortionary while still adequately compensating rights holders?