Late last week the USTR brought forth its Notorious Markets List. That’s such an awesome word: Notorious. Not quite infamous – notorious.
United States Trade Representative Robert Lighthizer has announced the findings of the 2017 Special 301 Out-of-Cycle Review of Notorious Markets, also known as the Notorious Markets List. The list highlights 25 online markets and 18 physical markets around the world that are reported to be engaging in and facilitating substantial copyright piracy and trademark counterfeiting.
This activity harms the American economy by undermining the innovation and intellectual property rights (IPR) of US owners of IPR in foreign markets. Imports in counterfeit and pirated physical products is estimated at nearly half a trillion dollars, or around 2.5 percent of global imports.
The focus is on counterfeit goods, as you can see. Interestingly, Alibaba and related company Taobao are on this list. Both are China owned companies.
The List (It gets interesting starting on page 12).