The Combating Online
Infringement and Counterfeits Act (also known as COICA) received unanimous approval from the Senate Judiciary Committee but still needs full approval from the House and Senate before becoming law.
Many oppose this law, not on the grounds that piracy is illegal, but that the power given to the Attorney General to "shut down websites if copywrite infringment is deemed central to the website's activities". Deemed by who? You? Me? Time Warner?
The problem is that if passed, a website can be shut down even if no crime was committed which allows censorship of the Internet without due process. No one is saying that musicians, artists
or other content creators should not receive their rightful due for their work. Piracy is piracy and should not be allowed, but the turning over of so much power seems somewhat unwise.
Many point that this bill is receiving the support of several of the largest companies
as well as the recording industry and Hollywood who feel that they have lost tens of billions of dollars over the last ten years and their previous efforts to stop the flow have not worked. By pressuring the government to pass COICA or similar legislation, they feel they will have a means of stopping the losses from their balance sheets.