Home of News

No Counterfeiting Pact for European Union

European Union lawmakers have voted to reject the ACTA Agreement.

July 5, 2012– Legislators in the European Union rejected a controversial treaty set up to protect worldwide intellectual property. The rejection dealt a huge blow to the Anti-Counterfeiting Agreement.

Wednesday’s decision makes it unlikely that the bloc of 27 nations will approves the treaty how it currently reads and makes the likelihood the global agreement, which has been strongly back by the U.S., will never come to fruition. The pact’s objective was to create a system internationally of property rights protection and anti-counterfeiting measures.

One legislator in the EU said that ACTA was dead and was not good from the start. He said the agreement had been negotiated secretly and tried to place incomparable elements into the same agreement. The treaty was overwhelming defeated by the vote of 478-39 in the European Parliament and comes after committees in the parliament on five occasions recommended it be rejected.

To date, 22 member states of the EU and eight countries not in the EU have signed and agreed to the treaty, but no parliament has ratified it. Six of the states that have signed it, need it to be ratified before it could take effect. The EU was one of those six, but without Parliament’s assent, Brussels or any other member of the EU cannot have it ratified.

Leave a Reply

Your email address will not be published. Required fields are marked *