February 01, 2012

The Facebook IPO and SOPA

Facebook obliquely references SOPA/PIPA in its disclosure (along with other proposed laws), as a risk factor to its business:

... there have been a number of recent legislative proposals in the United States, at both the federal and state level, that would impose new obligations in areas such as privacy and liability for copyright infringement by third parties. These existing and proposed laws and regulations can be costly to comply with and can delay or impede the development of new products, result in negative publicity, increase our operating costs, require significant management time and attention, and subject us to claims or other remedies, including fines or demands that we modify or cease existing business practices.

Posted by Anupam Chander on February 1, 2012 at 05:15 PM in Digitization | Permalink