Counterfeiting and the theft of intellectual property rights is not just a matter for companies. Such theft, or piracy as it is frequently referred to, is a major issue for the United States government. Over the years the piracy problem has continued to grow in importance in both trade relations and in the war against organized crime and terrorists. The United States needs to do what it can to prevent intellectual property theft because of the negative impact it has on job creation and our economy. It is also imperative to shut off the flow of easy money to criminal enterprises. Without money they become starved for resources, a big strategy in the fight against global terror.
On May 5, 2011, in prepared remarks in a speech to commemorate World Intellectual Property Day, U.S. Commerce Secretary Gary Locke acknowledged that much still needs to be done regarding theft of intellectual property around the globe. Secretary Locke said: “[W]hen over 80 percent of all software installed on computers in China is counterfeit and when first-run movies continue to appear on rogue web sites as soon as they show up in the theaters – then we know the problem is still grave.”
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