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Name: Patentgal
From: California
Bio: IP lawyer
Area of Expertise: Legislator/Politician/Lawyer
Topic: Global Relationships/Politics
Headline: One world, one set of business laws
Nutshell: Business without borders requires business laws without borders.
Vision:The business laws and practices will have to harmonize. Patent, copyright, trademark are headed in this direction. One injunction, worldwide for infringers. Other laws include employment, accounting/Sarbox, antitrust, contract, product liability, business torts, credit card/financial…. One set of regulators (FDA, EPA, DOJ, FTC, FCC ) worldwide.
Time estimate: 20-25 years or so before it’s workable among N.America/EU/AU/Asia-Pacific.
Not estimating for Russia, Africa, S.America, and various rogue states.
Date Submitted: July 11, 2005