Megaupload has done little to reduce internet piracy

The FBI's recent seizure of Megaupload.com and its arrest of founder Kim Dotcom has done little to reduce piracy, says a web-traffic analyst.

In the hour after the bust, total internet trafffic around the world fell by two to three per cent - an indication of the scale of Megaupload, which hosted 34 per cent of file-sharing, according to analyst Deep Field Networks.

But just a day afterwards, the trade in shared music and films 'had not decreased much', says the analyst - it had just shifted to new services, and to new computer servers in Europe, rather than America.

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