27. 11. 92 Official Journal of the .European Communities No L 346/61 ’ (Acts whose publication is not obligatory) COUNCIL COUNCIL DIRECTIVE 92/100/EEC of 19 November 1992 on rental right and lending right and on certain rights related to copyright in the field of intellectual property THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Articles 57 (2), 66 and 100a thereof, Having regard to the proposal from the Commission ('), In cooperation with the European Parliament (3), Having regard to the opinion of the Economic and Social Committee (%), Whereas differences exist in the legal protection provided by the laws and practices of the Member States for, copy- right works and subject matter of related rights protection as regards rental and lending; whereas such differences are sources of barriers to trade and distortions of competi- tion which impede the achievement and proper func- tioning of the internal market; Whereas such differences in legal protection could well become greater as Member States adopt new and different legislation or as national case-law interpreting such legis- lation develops differently ; Whereas such differences should therefore be eliminated in accordance with the objective of introducing an area without internal frontiers as set out in Article 8a of the () OJ No C 53, 28. 2. 1991, p. 35 and OJ No C 128, 20. 5. 1992, p. 8. () OJ No C 67, 16. 3. 1992, p. 92 and Decision of 28 October 1992 (not yet published in the Official Journal). () OJ No C 269, 14. 10. 1991, p. 54. Treaty so as to institute, pursuant to Article 3 (f) of the Treaty, a system ensuring that competition in the common market is not distorted ; Whereas rental and lending of copyright works and the subject matter of related rights protection is playing an increasingly important role in particular for authors, performers and producers of phonograms and films; whereas piracy is becoming an increasing threat ; Whereas the adequate protection of copyright works and subject matter of related rights protection by rental and lending rights as well as the protection of the subject matter of related rights protection by the fixation right, reproduction right, distribution right, right to broadcast " and communication to the public can accordingly be considered as being of fundamental importance for the Community’s economic and cultural development ; Whereas copyright and related rights protection must adapt to new economic developments such as new forms of exploitation ; Whereas the creative and artistic work of authors and performers necessitates an adequate income as a basis for further creative and artistic work, and the investments required particularly for the production of phonograms and films are especially high and risky; whereas the possibility for securing that income and recouping that investment can only effectively be guaranteed through adequate legal protection of the rightholders concerned ;