Copyright term, film labeling, and film preservation legislation : hearings before the Subcommittee on Courts and Intellectual Property of the Committee on the Judiciary, House of Representatives, One Hundred Fourth Congress, first session, on H.R. 989, H.R. 1248, and H.R. 1734 ... June 1 and July 13, 1995 (1996)

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396 must be paid to successful foreign creators. They also augment the concomitant rislc that foreign firms operating in less protected environments will ultimately become more competitive in the world market than our overly protected domestic contestants . '*" Given the tendency toward more rapid exploitation of cultural goods in a digitalized universe, indeed, a good case can be made for shortening the seventy-five year term of protection already afforded corporate creators, at least with respect to some subject-matter categories.'"* Efforts to further extend that term in the absence of hard evidence showing that the resulting social benefits would outweigh the palpable social costs appears to be mere rent-seeking by powerful special interests.'"*^ b. True Authors and Artists The drafters of the E.G. Directive claim that their primary motive in adopting a basic term of life plus seventy years for "" In this connection, it is well to recall that the French delegation to the Paris Convention in 1863 was reviled as traitorous at home because it was thought that they had opened French markets to too much foreign competition. It may well be that the heroes of today's multilateral trade initiatives, especially the TRIPS Agreement, will suffer a similar fate down the road. '" See, e.g.. Puri, supra note 70, at 17-18; Karjala et. al. . supra note 67, at 533; see also S.J. Liebowitz, Copyright Law. Photocopying, and Price Discrimination. 8 Kesearch in L. and EooN. 189, 198 (J. Palmer, ed. 1986). '**^ Cfj. Jessica Litman, The Exclusive Right to Read. 13 Caroozo J. Arts & Entertainment L.J. 29 (1994).