After an intense scrutiny of almost 24 months, the member nations of Anti-Counterfeiting Trade Agreement (ACTA) have finally come forward with the consolidated draft of the deal, however the final agreement will take a few months more to finalise.
The ACTA which includes the world's major developed countries like Unites States, Mexico, Japan, member countries of The European Union, Korea, Morrocco, New Zealand, Singapore, Switzerland, Australia, Canada, stated in a press release that none of the delegate members are willing to follow the footsteps of Britain and France and back the “three-strikes” approach.
In adherence with ACTA, the ISPs remain safe from copyright lawsuits as the new agreement hold the infringer responsible for violation instead of the ISPs, leaving little for the creative industry to be happy about.
The submission of proposals by the various member countries of the ACTA continued in a totally secretive manner for over 12 months of time. The ACTA is expected to finalise the agreement by the year's end when they meet again in June in Switzerland.
The US called it a national security secret, as it was apprehensive about initiating controversial debates and attracting opposition from various quarters.
The agreement, as anticipated, received mixed responses with the Motion Picture Association of America finding it highly important, whereas many privacy advocate groups felt that the draft was in favour of the big entertainment companies at the loss of the creative industry and the copyright holders.