ACTA is an international treaty in progress--signed by our President, but not yet ratified by Congress--designed as an end run around all national laws related to copyright protection. It has been negotiated in secret, and is basically designed to force the U.S.A.'s current draconian-stupid system on the rest of the world.
Today the European Parliament rejected it (more or less). This is a good thing, because the internet is global.
Seriously--without European cooperation, this whole construct is unsustainable. Indeed, Hollywood needs to get every single country in the world on board with their agenda, or it will fail. And this is why it is ultimately doomed to fail--which does not mean they aren't causing a lot of damage to people in the meantime.