New Zealand term extension estimate clearly inaccurate says study
Opponents of the TPP such as Michael Geist have claimed that extending the term of copyright by 20 years if Canada joins the TPP could cost Canadians hundreds of millions of dollars. These claims, which are inconsistent with a Canadian study conducted for Industry Canada by Prof. Hollander, have been premised on a 2009 New Zealand estimate which suggested that the costs of a term extension to New Zealand could be (NZ) $55 million per year.
The New Zealand estimate has now been thoroughly reviewed by two prominent economists who concluded that the estimate “is clearly incorrect, and indeed seriously over-estimates costs”.…
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