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World markets wage war on global piracy and counterfeiting

counterfeit products

Officials display counterfeit products from electronics to clothing, shoes, perfume and even cigarettes that are sold cheaply for pennies on the dollar. Most counterfeiters are from the Orient who distribute their products to merchants globally.

 

by Joseph Earnest  February 17, 2014

 

Newscast Media WASHINGTON—"Trademark counterfeiting and copyright piracy on a commercial scale cause significant financial losses for rights holders and legitimate businesses," the Office of the U.S. Trade Representative (USTR) asserts in a new report that identifies select online and physical marketplaces that engage in and facilitate substantial piracy and counterfeiting.

USTR Michael Froman announced five days ago the findings of the 2013 Out-of-Cycle Review of Notorious Markets, which identifies markets around the world that harm businesses and undermine workers through the infringement of intellectual property rights (IPR). 

The annual review identifies both online and physical marketplaces engaging in commercial-scale IPR infringement. Publication of this report helps the United States and its trade partners prioritize enforcement of the intellectual property rights that protect job-supporting innovation and creativity around the world.

*Click here to download list of Web sites and countries on pirate list. (pop-up)

"According to a U.S. Commerce Department study released in 2012, America’s innovative and creative industries support roughly $775 billion in merchandise exports annually and 40 million jobs here at home," Froman said. "The markets we have identified unfairly take from these American workers, diminishing the value and salability of their work and threatening their jobs. And some of the counterfeit goods sold in the identified physical markets, from medicines and personal care products to automotive parts, can even threaten the health and safety of consumers. The marketplaces identified here warrant the immediate attention of our trading partners."

The 2013 Out-of-Cycle Review of Notorious Markets identifies particularly infamous markets but does not constitute an exhaustive list of all markets dealing in pirated or counterfeit goods around the world.

The United States urges the responsible authorities to intensify efforts to combat piracy and counterfeiting, and to use the information contained in the notorious markets review to pursue legal actions where appropriate.   Add Comments>>

 

 

 

 

 

 

 

  

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