Internet File Sharing: The Evidence So Far and What It Means for the Future
Internet file sharing threatens artists' ability to sell their music through digital downloading because the digital files available from artists are virtually indistinguishable from thoseavailable on peer-to-peer (P2P) file-sharing services. Becauseoverly burdensome regulations hinder innovation andentrepreneurship, a market-based approach to dealing with the P2Pproblem is preferable.
Source: heritage.org