IP Theft Costs US $300 Billion Per Year: Report

A private advisory panel says growing intellectual property theft, mainly by China, is costing the United States more than $300 billion each year.

The report by the Commission on the Theft of American Intellectual Property recommends tougher U.S. action to address the issue, including economic sanctions, import bans and blacklisting from financial markets. This non-partisan panel, made up of former high-ranking U.S. officials, says the president’s national security adviser should help lead … [Read More]

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Source: VOA News: Top Stories


 

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