Worth the money?
Posted Jun 3, 2005 2:23 UTC (Fri) by brouhaha
In reply to: Worth the money?
Parent article: IP Software Compliance Tools -- Who Needs Them and Why?
I wonder how much copyright you could infringe for the $50K cost of this assurance?
Possibly as little as one or two copies of a single work.
Statutory damages are between $750 and $30K per count, unless the act of infringement is found to have been willful, in which case it can be up to $150K per count. Suppose you sold twenty thousand copies of a program then got sued for infringement. Assuming that it wasn't found to have been willful infringment, you could potentially be liable for $600M. As I understand it, statutory damage awards are more commonly in the $2500 per count range, but it's at the discretion of the court.
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