Know those amendments to the Intellectual Property Code that had everyone in an uproar? (Click this link to "Hot on Spot: 10 Crazy Details About the Intellectual Property Code Amendments.") Well, brace yourselves because President Noynoy Aquino has signed them into law.
Ben Arnold O. De Vera of InterAksyon.com reports: "Aquino has signed the amendment to the Intellectual Property (IP) Code, which allegedly curtails the rights to bring in imported books and optical media as well as download content from the Internet. RA No. 10372 was signed on February 28."
The report further revealed that "the amended IP Code will give IPOPHL law enforcement powers" because "prior to the amendment, only enforcement agencies belonging to the National Committee on Intellectual Property Rights (NCIPR)-the Bureau of Customs, National Bureau of Investigation, Optical Media Board and Philippine National Police-could catch counterfeiters." The report also noted that "RA 10372 will take effect 15 days after its publication in at least two newspapers of general circulation."
For more on this story, log on to InterAksyon.com.