Yesterday there was a subcommittee hearing at the US Congress re counterfeit products. Mike White of Maersk explained how the IBM/Maersk joint venture will help address counterfeiting.
Robert Chiavello of Nuby Law outlined how counterfeit products that are sold to US customers are often shipped directly from China. The concern is both the breach of intellectual property plus the health and safety issues from using sub standard materials. He gave the example of pacifiers which can become a choking hazard. And the fact that there is no recourse where the infringer is overseas.
Below is a transcript of the Maersk statement.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
