The EC want to tackle problems with "IP", by which I assume they mean copyrights, trademarks, patents etc. Good. There are plenty of problems in this area, not least the fact that the EPO ignores legislation which says that software ideas may not be patented. But anyway, the EU solution is not to fix the problems but rather to create an entirely new layer in which we can have all kinds of new problems:
European Commission asks for new IP protection layer | The Register
Good grief.
Even if it takes longer, and even if it is painful, the correct solution is multilateral agreements through the WTO. Bilateral agreements are a lawyers delight and will just have to be dismantled again (to the further delight of lawyers) when multilateral agreements are finally in place.
Someone take that shovel from the EU before we all get buried.
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