US wants the SOPA and PIPA legislation be implemented to curb online piracy. They cite the reason that the piracy is adversely harming the growth and IP of entertainment industry.
As a protest against SOPA and PIPA bills tabled by the Congress in US, Wikipedia, Google and other technology big players including 7000 sites have blacked-out. Here is the sneak peek- of Wikipedia page-

Although the bill is aimed at curbing the online piracy, it curbs the net users’ liberty. More about the legislation can be found at http://sopablackout.org/learnmore.
Akshar has beautifully summarized about the reasons and implications of this bill in his blog post. It is important we know about the legislation and the implications if it becomes a bill.
The creator of the www – Tim Berners Lee slams the legislation itself saying that the SOPA violates the human rights.
Clay Shirky, a writer, consultant and teacher on the social and economic effects of Internet technologies explains ‘Why SOPA is a bad idea’ in this TED video.
I hope more and more people become aware of the what those in power are up-to.
Update: Indian govt is coming up with Privacy bill. Its interesting to note the (so called) experts -
http://cis-india.org/news/constitution-of-group-of-experts.
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