Global Software Piracy Costs $29 Billion, Study Finds

Law360, New York (July 9, 2004, 12:00 AM EDT) -- Global software piracy held steady in 2003 at a rate of 36%, representing a loss of $29 billion, according to an annual survey by the Business Software Alliance.

The study found that while $80 billion in software was installed on computers worldwide last year, only $51 billion was legally purchased.

In 2002, the worldwide loss to software piracy added up to a much lower figure, $13.8 billion, less than half this year's figure. The BSA attributed the vast difference to a major expansion in the types...
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