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Blog Post: TRIPS is a Floor, Not a Ceiling
News from Geneva is that China and India are concerned about ongoing efforts—namely the Anti-Counterfeiting Trade Agreement (ACTA) being negotiated by the U.S., EU, and nearly a dozen other countries—to improve cooperation and enforcement activities between these states against the growing problems of counterfeiting and piracy. The ACTA negotiating countries are working to forge an ACTA, wholly consistent with TRIPS, because IP theft is killing jobs, stifling innovation, harming consumers, and retarding their economic recovery. Read more….