A watered-down image of reality. Europe's products and the fruits of its creativity will, in the future, be better protected against piracy, counterfeiting and unfair competition. This is due to an agreement between the European Parliament and the Council on the new directive reinforcing respect for intellectual property laws (for the parliamentary vote, see our bulletin of 10 March, pages 15/16), and to Council's adoption of a new directive making defence mechanisms against dumping and...