Digital Piracy - Effects and steps taken to curb it
The innovative improvements that have occurred in the most recent decades have cultivated a critical market for the working and functioning of PC's: the software market. As the industry has developed it has faced some market issues, particularly amongst them piracy, which impacts primarily the organizations or companies that are responsible for the development of this software. What is piracy to be exact? Well piracy is the unauthorized replication of content which is protected by copyright laws, which is then either sold for a lesser price on the ‘grey’ market or uploaded online on pirate sites which host 1000’s of these kinds of files for free. The reason ‘piracy’ is always on debate is because the calculated outcome of various reports and papers points to a negative impact, due to piracy, on the economic growth but only up to a certain limit. If on the other hand, losses of an independent company are taken, then the impact is positive up to a certain period. Why do people...