Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-348-000"
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"en.20121120.28.2-348-000"2
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". − The right to remuneration for the sale of art is one of the first mechanisms harmonising intellectual property law throughout the EU. The Directive, which only entered into full effect in all Member States on 1 January 2012, on the one hand protects the interests of creators, guaranteeing them continuity of remuneration received with each successive professional resale they make, while on the other hand means that the buyer is never the 100 % owner of the work of art and, when deciding to sell it via a ‘professional’, must share his or her income. This complex legal issue, which is none too comprehensible to ordinary citizens, has not, as it would seem, had any negative impact on the position of the European art market, which in 2011 reported record profits of USD 11.57 billion, an increase of over USD 2 billion compared to 2010. Observing this trend, third countries are also planning to introduce unified principles for the resale right, and in practice this would make for equal principles for all and would facilitate the development of competition. In this context I support the application to shift analysis of the Directive by the Commission from 2014 to 2015, in other words four years after the last assessment which was presented in December 2011, in order that the assessment of the rates used, the thresholds and the beneficiary categories may be clearer and more suitable both for artists and for subsequent owners of works of art. The main plank of the Directive was to ensure that the authors of works of art have a share in the economic success of their works, and also to harmonise the application of this right throughout the EU. As may be seen from estimates of the worth of the European art market for 2012 – USD 12 billion – this law is meeting the challenges it faces."@en1
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