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Date: April 29, 2024 Mon
Time: 8:43 pm
Time: 8:43 pm
Results for theft of intellectural property
1 results foundAuthor: U.S. Chamber of Commerce Title: What are Counterfeiting and Piracy Costing the American Economy Summary: Counterfeiting and piracy are costing the U.S. public billions of dollars every year. But the problem is more insidious than that. It damages investment and innovation; has potentially devastating economic consequences for small businesses; puts a severe strain on law enforcement agencies; nearly always escapes taxation; threatens public health and safety; diverts government resources from other priorities; and has links to terrorism and organized crime. Counterfeiting and piracy, once viewed as “victimless” crimes mainly consisting of selling cheap knockoff sunglasses and watches, have mushroomed in recent years to endanger every product that is created. From dangerous substandard replacement parts for airplane engines to ineffective pharmaceuticals to illegally copied compact discs manufactured by the millions in clandestine factories around the world, sales of counterfeit and pirated goods are skyrocketing. Profits from these illicit sales are being funneled worldwide into the pockets of everyone, from groups associated with known terrorists to organized crime elements. The problem of counterfeiting and piracy goes beyond the manufacture, distribution, and sale of cheap, unauthorized goods. It threatens our national security, lessens the value of legitimate brand names, and erodes the profits of nearly every business in America. Details: Washington, DC: National Chamber Foundation, 2005. 23p. Source: Internet Resource: Accessed February 13, 2012 at: http://www.fnal.gov/directorate/OQBP/sci/sci_reference_docs/SCI%20Costs%20to%20Economy%20uschamber.pdf Year: 2005 Country: United States URL: http://www.fnal.gov/directorate/OQBP/sci/sci_reference_docs/SCI%20Costs%20to%20Economy%20uschamber.pdf Shelf Number: 124114 Keywords: Counterfeit Goods (U.S.)CounterfeitingPiracy (Copyright)Theft of Intellectural Property |