In case people don’t know. The WTO will review all of these compensation complaints on July 24. The complaints for compensation are all expected to be accepted by the WTO at which time the US will consider arbitration. Arbitration takes up to 4 months. The US is expected to lose in arbitration.
Antigua thinks they are sitting on a gold mine here. The second the decision by the WTO is final compensation plans will begin. That means that all copyrighted US companies will be subject to having their products sold for pennies on the dollar via places located in Antigua and other countires that filed for compensation. This means Microsoft and Disney products. This means it could disrupt the entire US economy. This is very major stuff and I cannot see the US not fixing this situation. How exactly I don’t know, but I can see no other way but to open up the industry once again. Other people we have talked said maybe they will open up the horse racing betting to other nations. Others say they will simply pay off Antigua and fight the other countries by changing more of the WTO agreements.
Here is a story titled: Microsoft, Disney to Push for Online Gambling Regulation in the US?
At the very least everyone must admit that this is one of the most interesting and entertaining industries in the world.