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Article 12 of the 1886 Berne Convention for the Protection of Literary and Artistic Works uses the term "piracy" in relation to copyright infringement, stating "Pirated works may be seized on importation into those countries of the Union where the original work enjoys legal protection." Article 61 of the 1994 Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs) requires criminal procedures and penalties in cases of "willful trademark counterfeiting or copyright piracy on a commercial scale." Piracy traditionally refers to acts of copyright infringement intentionally committed for financial gain, though more recently, copyright holders have described online copyright infringement, particularly in relation to peer-to-peer file sharing networks, as "piracy".
The word itself had already been in use since the 16th century, referring to pirates, and meant "looting" or "plundering".In a public talk between Bill Gates, Warren Buffett, and Brent Schlender at the University of Washington in 1998, Bill Gates commented on piracy as a means to an end, whereby people who use Microsoft software illegally will eventually pay for it, out of familiarity, as a country's economy develops and legitimate products become more affordable to businesses and consumers: Although about three million computers get sold every year in China, people don't pay for the software. And as long as they're going to steal it, we want them to steal ours.They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.Prior to the Statute of Anne in 1710, the Stationers' Company of London in 1557, received a Royal Charter giving the company a monopoly on publication and tasking it with enforcing the charter.Those who violated the charter were labelled pirates as early as 1603. (2000), "Software piracy among academics: an empirical study in Brunei Darussalam", Information Management & Computer Security, Vol. https://doi.org/10.1108/09685220010312326 Download as . Estimates of the actual economic impact of copyright infringement vary widely and depend on many factors.Nevertheless, copyright holders, industry representatives, and legislators have long characterized copyright infringement as piracy or theft – language which some U. courts now regard as pejorative or otherwise contentious.This form of the word – a portmanteau of "freeloading" and "bootlegging" – was suggested by You Tuber and podcaster Brady Haran in the podcast Hello Internet.The phrase was also the title of the episode the phrase was coined on.