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Peterlin Speaks on Intellectual Property Counterfeiting and Piracy at Small Business Summit

Washington (May 24)—United States Patent and Trade Office Deputy Under Secretary Margaret Peterlin warned in remarks at the U.S. Chamber of Commerce Small Business Summit in Washington, D.C. that piracy and counterfeiting around the world are on the rise and said IP-based companies, which include many small businesses, are the most vulnerable. American IP is estimated to be worth more than $5 trillion—which is about half of the U.S. gross domestic product, and greater than the GDP of any other nation in the world. (More)