Friday, June 13, 2008

China getting a taste of its own medicine

China is getting a taste of its own medicine with intellectual property violations.

The Washington Post tells a story of China losing money from Olympic Merchandising due to knock-offs.

How's that for irony?

China's allowed counterfeiting and pirating to go on for years, to the detriment of the U.S. Now, when they stand to make scads of cash from merchandise, they cannot because of the large counterfeit market that flourishes due to their non-enforcement of intellectual property law.

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