Will This New Copyright Law Hamper Google in Germany?

google german copyright lawThe Bundestag, or lower house of the German parliament, approved a less-stringent version of a copyright bill on Friday that still allows search engines like Google (NASDAQ:GOOG) to link to news articles without having to pay copyright fees. Google had lobbied hard against the original version of the copyright bill, which could have hampered basic internet search functions in Germany since it would have required copyright fees for even small portions of text aggregated from websites.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

According to The New York Times, the revised bill states that search engines may publish “individual words or small snippets of text such as headlines” without having to pay any fees. However, some critics believe that the language in the current form of the bill is still too vague and that many individual cases of alleged copyright infringement may have to be settled by the courts.

Ralf Bremer, Google’s spokesperson in Germany, said that “the best outcome for Germany would be no new legislation because it threatens innovation, particularly for start-ups,” reports The Wall Street Journal.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business