David Cameron included this cryptic announcement in a speech about establishing a high-tech sector in East London:
The second new announcement I can make today is to do with intellectual property. The founders of Google have said they could never have started their company in Britain. The service they provide depends on taking a snapshot of all the content on the internet at any one time and they feel our copyright system is not as friendly to this sort of innovation as it is in the United States.
Over there, they have what are called “fair-use” provisions, which some people believe gives companies more breathing space to create new products and services. So I can announce today that we are reviewing our IP laws, to see if we can make them fit for the internet age. I want to encourage the sort of creative innovation that exists in America.
It’s interesting to see the connection being made between exceptions to infringement and ‘breathing space’ for innovation. Whether this review will amount to anything remains to be seen.