Sens. Call For ITC Probe Of Chinese IP Infringement

Law360, New York (April 20, 2010, 5:25 PM EDT) -- Senate Finance Committee chairman Max Baucus, D-Mont., and ranking member Chuck Grassley, R-Iowa, have asked the U.S. International Trade Commission to investigate the impact of Chinese intellectual property infringement on the American economy, arguing that it is killing U.S. jobs.

The senators on Monday asked the ITC to draft two reports: one that looks into the principle types of IP infringement in China, and a second that delves into the actual damage done to U.S. business.

Chinese infringement costs U.S. companies billions of dollar each year...
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