The International Federation of the Phonographic Industry (IFPI), whose members include all leading US record labels, has accused chief executives of online service providers of "scaremongering" over proposed new copyright regulations, currently being discussed in Geneva.
Last week the heads of 11 Internet and telecomms firms warned President Clinton that draft copyright treaties on the table at the World Intellectual Property Organisation conference would cripple the online services industry.
But the IFPI hit back this week claiming that the online providers were stirring up panic. "They?re promoting their own agenda to devalue the rights of copyright industries so they can set up services without having to pay," said Nicholas Garnett, head of the IFPI.
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