Article 1, Section 8, Clause 8 gives Congress the power to create copyright and patent laws in order "To Promote the Progress of Science and Useful Arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries." After its passage, the CTEA
was subject to a legal challenge.
(159) A big push for the passage of the CTEA
came from the passage of an
") further extended the copyright duration for new and existing works.
multi-generational coverage provided by the CTEA
. In testimony before
Under the CTEA
, the copyright terms for such "works made for hire" last for 95 years from the date of publication, or 120 years from the date of creation, whichever expires first.
Six years later, the Copyright Term Extension Act ("CTEA
") extended the term to its current duration of life of the author plus seventy years, or ninety-five years after publication for a work of corporate authorship.
In our simulation analysis, we also study the implications of the CTEA
. Our analysis suggests that, before the act, the duration of copyright protection was already lengthy, and expected total surplus was close to its asymptotic value.
Studii strategice si de securitate, Editura CTEA
, Bucuresti, 2011.
The rights won by the Walt Disney Company under the CTEA
of 1998 represent a decision to protect the Disney trademark, much as the holder of a revocable land lease would seek to safeguard the operation of a mine or factory he or she has built on the land.
(59) The Copyright Term Extension Act of 1998 (CTEA
) extended copyright terms by twenty years.
Ashcroft, the Supreme Court held that the Copyright Term Extension Act (CTEA
) (26) passed constitutional muster.
(56) In Eldred, seven Justices voted to uphold the constitutionality (57) of the Sonny Bono Copyright Term Extension Act (CTEA
), (58) which extended the term of existing copyrights by twenty years, from life-of-the-author-plus-fifty-years to life-of-the-author-plus-seventy-years.