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Business News (more headlines) 02-16-2014

IIPA Welcomes USTR Identification Of Notorious Marketplaces That Facilitate Global Piracy

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The International Intellectual Property Alliance (IIPA), representing the seven leading trade associations of the U.S. copyright industries, praised the United States Trade Representative (USTR) announcement of "Results of the 2013 Out-of-Cycle Review of Notorious Markets." The USTR report identifies more than 40 online and physical marketplaces around the world that sustain global copyright piracy by dealing in infringing goods and services.

IIPA Counsel Steven J. Metalitz noted, "We are extremely appreciative of the U.S. Government's continuing focus on the constantly-changing landscape of notorious piracy markets, as highlighted in today's announcement. The listing draws attention to markets that evade enforcement and undermine the functioning and growth of a legitimate global marketplace for U.S. creative works, while noting that some important operators have begun to clean up their acts. Pirate markets impede the legitimate development of creative industries by prejudicing investment in original production, limiting revenues for local businesses and governments, and costing countless well-paying jobs in local economies."

Metalitz added, "Putting a stop to illegal activity online is a vital step in realizing the full potential of the Internet and mobile networks as engines for growth and creativity in the legitimate sectors of music, movies, games, software, published materials and other copyright works. The resistance of physical piracy marketplaces to enforcement, as detailed in USTR's report, also continues to damage the ability of U.S. and local creators to flourish in foreign markets. Today's report underscores the importance of strong laws and actions to crack down against piracy in notorious markets."

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