Universal Music Sues MySpace
Grooves writes "Universal Music is suing MySpace for copyright infringement. Universal threatened to sue YouTube before the
Google acquisition was announced, so now it looks like they have moved on to the next target. Ars speculates that Universal is really after a piece of the action. 'On the morning of the
Google-YouTube deal, Universal — along with Sony BMG and CBS — signed
a licensing agreement with YouTube. If MySpace were to sign a similar agreement with the label, there is little doubt that the lawsuit would disappear.'"
This way, the "barriers to entry" can be set to any level the more powerful entity desires, so they can maintain their monopoly.
Smaller companies simply do not have the financial stamina to fend off litigation attacks like this.
The strongest ( most well funded ) entities will do well under such a system.
The rest of us... well... better do it in another country.
"Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]