NAM applauds Senate Judiciary for action on IP bill.
Press Release Summary:
NAM Director of Technology Policy, Marc-Anthony Signorino, applauded the Senate Judiciary Committee's passage of the Enforcement of Intellectual Property Act of 2008 (S. 2235). According to Signorino, the bill would create an IP enforcement czar within the Administration to work with agencies to develop a joint strategy to combat counterfeiting and piracy. Also, it would allow the Justice Department to bring civil actions to enforce copyright laws on behalf of private parties.
Original Press Release:
NAM Applauds Senate Judiciary for Action on IP Bill
NAM Applauds Senate Judiciary Efforts to Combat Counterfeiting and Piracy
Senate IPR Bill Will Save Jobs and Lives
WASHINGTON, D.C., Sept. 11, 2008 - National Association of Manufacturers (NAM) Director of Technology Policy Marc-Anthony Signorino today released the following statement in response to the Senate Judiciary Committee's passage of the Enforcement of Intellectual Property Act of 2008 (S. 2235):
The NAM commends Chairman Leahy and Ranking Member Specter, as well as Senators Bayh, Voinovich, Feinstein, Cornyn, Cardin and Whitehouse, for their leadership in advancing important legislation that will provide the federal government with the necessary tools to fight against counterfeiting and piracy.
NAM member companies understand and realize the damage that counterfeit and pirated products can impose on their businesses, their customers and our overall economic security. IP theft costs U.S. businesses $250 billion in lost revenue each year and has already cost the United States an estimated 750,000 jobs. In terms of health and safety, pirated products are vastly inferior to legitimate goods. Commonly counterfeited items such automobile parts, airplane parts, food, medical devices, electrical supplies, and pharmaceuticals are making their way to consumers.
This pro-IP bill would create an IP enforcement "czar" within the Administration to work with agencies to develop a single joint strategy to fight counterfeiting and piracy.
Another key element of the bill would allow the Justice Department to bring civil actions to enforce copyright laws on behalf of private parties. Many small and medium manufacturers do not have the resources to go after domestic and international counterfeiters. This critical provision would allow the U.S. government to protect its national interests in cases where there is economic, as well as criminal, harm.
NAM members believe that this legislation would go a long way to protect our nation's IP and ensure the safety and economic security of U.S. manufacturers and consumers. We are looking forward to full Senate consideration of S. 3325.
The National Association of Manufacturers is the nation's largest industrial trade association, representing small and large manufacturers in every industrial sector and in all 50 states. Headquartered in Washington, D.C., the NAM has 11 additional offices across the country. Visit the NAM's award-winning web site at www.nam.org for more information about manufacturing and the economy.
HANK COX
(202) 637-3090
