Fantasy & Reality in Intellectual Property Policy | The Public Domain |
What do we really know about the costs of violations of intellectual
property for national economies? Or, conversely, about the economic
benefits of strengthening copyright, trademark and patent protection?
You could be forgiven for thinking that we know a great deal.
A widely quoted FBI assessment from 2002 estimated that US businesses
lose between $200bn and $250bn to counterfeiting annually. A 2002
press release from the Customs and Border Patrol estimated counterfeit
goods costing businesses $200bn dollars in losses annually and 750,000
jobs. The Federal Trade Commission was quoted as a source by industry
groups for a claim that the American automobile industry alone loses
$3bn annually from counterfeit car parts.
http://bit.ly/fBNwU7
Source: http://www.thepublicdomain.org/2010/12/01/fantasy-reality-in-intellectual-property-policy/
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