"Friday the major record labels initiated a lawsuit against the leading Internet service providers (ISP) for contributory copyright infringement. The ISPs, the suit contends, are allowing free access to websites throughout the world that allow the free trading of copyrighted material. This, they claim, make the ISPs accomplices in music piracy."

Reports MP3NewsWire.Net. They continue,

"The labels are looking to legally force these providers to block all international traffic that they don't approve of. The goal is to get the courts to agree that import/export laws can apply to digital goods transferred over the Internet just like goods brought in by sea and air. If the labels can set a precedent here, any digital transfer of information can be regulated and blocked when native industries feel threatened."

The ISPs named in the suit are Sprint, AT&T Broadband, Cable & Wireless, Advanced Network Services, and WorldCom subsidiery UUNet Technologies. All of these corporations have far far bigger concerns right now than file trading, solvency being the most prominent of them.