Introduction
The Internet is becoming increasingly significant
as a commercial medium for businesses in almost every market sector.
It is an exceptional medium for providing information to and communicating
with customers and for extending market reach at minimal costs.
Goods and services can be offered and sold worldwide. If the goods
or services can be provided in digitised form, then they can be
delivered directly over the internet. This facility for bypassing
the "middle man" (or "disintermediation" as
it is rather inelegantly called), thereby allowing suppliers to
deal directly with their customers, offers enormous potential for
cost savings and for a fundamental restructuring of the relationship
between producer and consumer.
The Internet is essentially borderless. It provides
no inherent barriers to trade in the form of on-line Customs posts
or import tariffs that otherwise exist in the real world. This
obviously has great prospects for benefit in terms of breaking
down or circumventing obstacles to market entry, but it also gives
rise to new forms of infringement of hard-won intellectual property
rights, particularly of copyrights and trade mark rights. The nature
of the technology itself also changes established conceptions of
how and when intellectual property rights are actually "exploited".
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