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Microsoft Says Software Piracy Hinders Economic Growth, Decreases Job Prospects

Microsoft celebrates Play Fair Day, an annual event with the goal to remind people about complications associated with theft of intellectual property.

Play Fair Day was celebrated on Thursday and Microsoft on this occasion released a study that proves that software piracy that is carried out in Brazil, China, India and Russia causes an aggregate competitive disadvantage of around $8.2 billion over a period of five years for those companies which are using licensed software.

According to Microsoft's TechNet blog, the companies that are getting effected by piracy are those which do not depend on stolen software and pay more to operate which eventually makes them less competitive.

According to this study, those firms who are using legitimate copies of Windows in China are incurring a loss of $837 million, an amount that is sufficient for the construction of 66 manufacturing plants or simply employ 217,000 employees at salary of $3,857 each.

In fact Microsoft is facing huge amount of loss every year due to piracy. Bonnie MacNaughton, senior attorney in the Microsoft legal affairs department as well as head of the company's anti-piracy team in the U.S said, "We're losing a lot of money from people stealing our IP."