Essay
The "Sonny Bono" Copyright Term Extension Act extended the copyright terms in the U.S.by 20 years.In addition,the act was applied to already existing copyrights.
a.Discuss the advantages and/or disadvantages in terms of efficiency and monopoly power from the extension of the lifespan of new copyrights.In theory,what determines the optimal term of a copyright?
b.Discuss the advantages and/or disadvantages in terms of efficiency and monopoly power from the extension of the lifespan of existing copyrights.
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