ACTA is an international trade agreement currently negociated by the European Union, the United States, Japan, Canada, South Korea, Australia as well as a few other countries, whose aim is to enforce copyright and tackle counterfeited goods (hence its acronym: Anti-Counterfeiting Trade Agreement).
The main problem with this treaty is that all the negociations are done secretely. Leaked documents show that one of the major goal of the treaty is to force signatory countries into implementing anti file-sharing policies under the form of three-strikes schemes and net filtering practices.
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http://www.stopacta.info/aboutThe only difference with this one is that it is a world wide bill that would do just that...affect the world's internet policy. This is nuts.
Edit/Update I found out today why it was making such news here is why
Thousands of protesters have taken to Poland's streets over the signing of an international treaty activists say amounts to internet censorship.
Prime Minister Donald Tusk says his government will on Thursday sign the Anti-Counterfeiting Trade Agreement.
The treaty, known as Acta, aims to establish international standards to enforce intellectual property rights.
But critics say it could curb freedom of expression, and government websites have been hacked in protest.
Several marches took place in cities across the nation on Wednesday, says the BBC's Adam Easton in Warsaw.
Crowds of mostly young people held banners with slogans such as "no to censorship" and "a free internet".
After convening a special government meeting to discuss the issue, Mr Tusk said the government would not be blackmailed by the treaty's opponents.
There would be ample time for public discussion about the treaty before it was ratified by the Polish parliament, he said.
The agreement has so far been signed by the US, Australia, Canada, Japan, Morocco, New Zealand, Singapore and South Korea. Poland is expected to sign it in Tokyo on Thursday.
So it looks like the US has already signed it and Poland is the new one. I wonder if this is how the FBI was able to successfully take down MegaUpload then?