Kim Weatherall has posted a detailed section-by-section analysis of ACTA and its potential impact on Australian law.

Cooperation in the Pacific Rim by Jakob Polacsek, World Economic Forum (CC BY-NC-SA 2.0) https://www.flickr.com/photos/worldeconomicforum/48179628441
Digital Trade
ACTA: Why You Should Still Care
This post appears as a guest column on GigaOm today:
After years of secrecy, the eighth round of talks aimed at drafting an international treaty called the Anti-Counterfeiting Trade Agreement (ACTA) recently concluded in New Zealand – and in the face of public pressure, a version of the text was subsequently made available to the public. The ACTA is neither a trade agreement nor one focused primarily on counterfeiting, but a copyright deal featuring provisions on Internet service provider and Internet company liability, DMCA-style notice and takedown requirements, legal protection for digital locks, and requirements for statutory damages that could result in millions in liability for non-commercial infringement – even heightened searches at border crossings.
Ever since the ACTA partners – among them the U.S., E.U., Canada, Japan, South Korea, Australia, New Zealand, Mexico, Morocco and Singapore – announced negotiations plans in October 2007, ACTA has been dogged by controversy over a near-total lack of transparency. Early talks were held in secret locations with each participating country offering virtually identical, cryptic press releases that did little more than fuel public concern. Now that the ACTA text is public, some might wonder whether there’s still cause for concern. Indeed, given widespread support for measures that target genuine commercial counterfeiting, some might believe it’s time to actively support ACTA.
It’s not – at least not this version.
ALDE Hearing on ACTA in Brussels
Earlier this month, I had the opportunity to participate in a hearing on ACTA in Brussels sponsored by Members of the European Parliament Alexander Alvaro and Marietje Schaake. Other participants included Luc Devigne, the head of the European ACTA delegation, and representatives from eBay and EuroISPA. The full video of the hearing is posted below. My presentation begins just after the 5:00 minute mark.
Next ACTA Negotiation Round Details Leaked
Information on the next round of ACTA negotiations has leaked out with reports that it will be held in Lucerne, Switzerland from June 28 – July 2, 2010.
CETA Update: EU Pressure on IP Increases
The Department of Foreign Affairs held a briefing call yesterday on the latest round of Canada – European Union Trade Agreement negotiations held last week in Ottawa (talks are actually continuing this week since many European officials were unable to attend due to volcanic ash inspired flight cancellations). The call was the first I have attended and I think the department should be commended for holding regular briefings that offer a full update on the negotiations. The CETA approach is in marked contrast to ACTA, where there have been practically no briefings after negotiation rounds.
The CETA intellectual property chapter was discussed during the briefing, with officials noting that EU pressure on this particular issue was increasing. The EU is apparently concerned with the lack of movement on the IP chapter, which is largely at a standstill. The EU has demanded wholesale changes to Canada's IP law framework, but negotiators advised that Canada could not respond without guidance from the government. Part of that guidance is expected to come in the form of the next copyright bill (with iPadlock Minister James Moore pushing for C-61 style lock provisions, the bill would be consistent with EU demands on anti-circumvention rules).