TPP stands for Trans Pacific Partnership, a far reaching free trade deal that US and our Asian trading partners have been working on for years. The TPP was in the news yesterday because Hillary Clinton came out and said that, in its current form, she cannot support TPP. You can read her reasons for taking this stance.

You would think as a free trade loving, free market loving venture capitalist I would be a huge proponent of TPP. But I am not.

I am very concerned about the copyright provisions in TPP which feel very much in the old world model of intellectual property protection and which would make it hard for the US government to evolve copyright laws in an era of digital content, more open innovation, and remix culture.

The EFF has a great discussion of these issues on its website so instead of reciting them here, you can read a detailed discussion of the copyright issues in TPP here.

One of the problems with these big multi-national trade negotiations is that it is super hard to get everyone to agree on everything in them. That is why they are negotiated in secret and the end result is then voted yes or no in each country without any amendments.

I realize that perfect is the enemy of the good and you need to have a comprehensive view of a trade bill like this and not focus on one issue. But copyright law is a big deal for the innovation economy and if I were in Congress, I would be seriously thinking about voting no on TPP.