SOPA, PIPA Pulled
The sponsors of controversial anti-piracy legislation in both houses of Congress postponed votes late last week, in a victory for the opponents of the Protect IP Act (PIPA) and Stop Online Piracy Act (SOPA.)
The bills were supported by the entertainment industry, and opposed by most of the Internet and electronics sectors.
"We appreciate the actions by Senate Majority Leader Reid and House Judiciary Chairman Smith for removing PIPA and SOPA from the agenda," CEA President and CEO Gary Shapiro said in a statement Friday. "PIPA and SOPA were overly broad bills that would have hurt legitimate businesses, hampered innovation and cost American jobs. We thank all members of Congress who spoke out against PIPA and SOPA."