INTELLECTUAL PIRACY IN CHINA - 0 views
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Steven Tr on 01 Nov 10In the USA, intellectual piracy laws outlaw piracy of goods from all forms of the market, from medical to the watch industry. This helps prevent the origenal producers of drugs and products from losesing billions on the market. China does not have such laws, allowing for piracy of everything from Viagra to Rolex, causing companies to lose billions
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Steven Tr on 03 Nov 10China does not have these laws primarily because under communism, there is no privet property, including ideas. This allows for easy bootlegging of products, and when this involves drugs such as Viagra, it endangers the lives of the people using the bootlegged drug, because there has not necessarily been the same testing of the bootlegged drug as there is on the drug made by the company. Intellectual property laws ensure quality within a product.