Call out allies, not just adversaries, for hurting American workers
Key takeaways
- This year s report listed the usual suspects: China, India and others.
- As former directors of the U.S.
- This year s report is a clear step in the right direction, but far more work remains.
Why this matters: political developments that affect policy direction and public trust.
This year s report listed the usual suspects: China, India and others. But developed democracies — including European Union members, Mexico, Canada and the United Kingdom — have also explored or enacted policies that undermine U.S. property rights.
As former directors of the U.S. Patent and Trademark Office, we believe it is time to call out the increasingly blatant efforts to undermine intellectual property by our allies — not just our adversaries — and urgently work with these trading partners to reform their ways.
This year s report is a clear step in the right direction, but far more work remains. Consider how the European Union recently changed legislation to shorten the period that new drugs can remain on the market without competition from copycats, limiting American biotech firms ability to earn back the money they spent developing new treatments.