Senate panel approves PROTECT IP Act (PoliticoPro)


POLITICO Pro
In a triumph for America’s content producers and goods makers, Sen. Patrick Leahy’s legislation aimed at cracking down on websites that offer pirated material and products unanimously passed out of the Senate Judiciary Committee by voice vote on Thursday.

“Copyright infringement and the sale of counterfeit goods can cost American businesses billions of dollars, and result in hundreds of thousands of lost jobs,” said Leahy (D-Vt.), who shepherded the bill, in a statement. “Protecting intellectual property is not uniquely a Democratic or Republican priority — it is a bipartisan priority… [subscription required]

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“Waiving drug companies' intellectual property rights risks setting a bad precedent for future investment in new drugs. And that risk may not be worth it without additional steps to meaningfully increase the availability of shots across the world.” https://t.co/UE6nqe8Cyb

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