Monday, November 7, 2011

Business Groups Urge Action Against “Digital Protectionism”

(World Trade Interactive)

A group of business organizations released last week a list of actions the U.S. government should pursue as part of an effort to modernize international rules and practices governing cross-border flows of data and information technologies. A position paper from the group states that “the movement of electronic information across borders is critical to businesses around the world, but the international rules governing flows of digital goods, services, data and infrastructure are incomplete.” As a result, “digital protectionism is a growing threat,” and “a number of countries have already enacted or are pursuing restrictive policies governing the provision of digital commercial and financial services, technology products, or the treatment of information to favor domestic interests over international competition.” Read more here.