Small Businesses Are Prey for Piracy

Summary


China may be known for sending cheap exports to U.S. big-box retailers, but the country also ranks as the No. 1 exporter of counterfeit and pirated goods to the world, according to government officials.

From razors and medicines to cigarettes and golf clubs, piracy in China of copyrighted material costs U.S. companies $2.5 billion to $3.8 billion per year.

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Extract


Small Businesses Are Prey for Piracy

Such losses have prompted the U.S. Patent and Trademark Office to launch a national campaign, starting in Salt Lake City, to urge businesses to protect their int...

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