Fair Use Drives Large Part of US Economy


“Industries that rely on fair use exceptions to U.S. copyright law have weathered the recent slow economy better than other businesses, according to a new study released by a tech trade group. The fair use industries, including consumer device makers, software developers, search engines and news organizations, had US $4.5 trillion in revenue in 2009, up from $3.4 trillion in 2002, according to the study, commissioned by the Computer and Communications Industry (CCIA) Association. Revenue peaked at $4.7 trillion in 2008 and 2009, said the study, by Capital Trade, an economic consulting firm. Fair use industries in the U.S. employed 17 million people in 2009, about one out of every eight U.S. workers, according to the study, released Monday. The employment numbers were down from 17.7 million 2008.” (PC World)

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