American libraries celebrated a legal victory last week in the Supreme Court’s disposition of Kirtsaeng v. John Wiley & Sons . The Court ruled that the appellant’s legal purchase of inexpensive books in Thailand and resale of the same books in the United States at a higher price, a form of arbitrage known as a parallel import , is protected under the “first sale” doctrine : the principle that someone who purchases a single copy of a copyrighted work owns that one copy and may resell it or give it away without needing permission from the copyright holder. The libraries’ celebration may be premature. Since 2010, the United States has been engaged in multilateral negotiations to form the Trans-Pacific Partnership (TPP), a proposed free trade zone for Pacific Rim nations. Among other things, the TPP proposes a new intellectual property regime that would effectively nullify the Kirtsaeng ruling by banning parallel imports and severely restricting the “...
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