Copyright is one example, and it's a potential nightmare. Technology is running way ahead of legislation. A fan legally downloads a track on to his or her home computer. In many cases people are rushing ahead and utilizing the new technology without resolving these problems, others are reluctant to use these new opportunities until the legal world catches up. But the negative possibilities of globalisation go past the legal and impact on the social.
Globalisation is potentially a new form of colonization.
Where to for the local Australian record store, record company, radio station or cinema. The impact could be huge. Without direct sales of major international releases local record company funds would dry up and inevitably the first thing to be axed would be spending on the development of local Australian talent. Parallel importing could have the same impact. It's a sign of globalisation, the dismantling of trade barriers and financial deregulation.