U.K. Companies "Unprepared" for New Copyright Fees

Law360, New York (October 17, 2003, 12:00 AM EDT) -- The majority of the U.K.'s 3.8 million companies are unaware of new copyright licensing fees that will be levied later this month with the adoption of the European Union's Copyright Directive, commercial law firm Beachcroft Wansbroughs told the Birmingham Post.

The new regulations require all businesses to pay copyright licence fees of £95 for small businesses of less than 10 employees to £14,300 per year for those with 500 managerial or technical staff. The fees would be higher for firms that routinely copy and use copyrighted...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.