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Unilateral license changes in new versions of software are possible because of international copyright law. Under current law, when a single organization (such as a company) or a small number of people hold the copyright, OR when a permissive license is used (such as the MIT, BSD, or Apache license), it's possible to easily release a later version of the software that provides fewer rights to its users.
Hacker Kurt Seifried about binding arbitrary licenses and the risks for common wreak.

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