Friday, February 15, 2008

IPR Seizures from China Grow Appreciably in FY2007

U.S. Customs and Border Protection recently released statistics regarding the volume and value of its seizures of intellectual property rights infringing articles during fiscal year 2007. These statistics show that the total domestic value of IPR seizures grew from US$155.4 million in FY06 to US$196.8 million in FY07, a 26.6 percent jump. The total number of seizures declined moderately in FY07, however, down by nearly seven percent to 13,657, which means that CBP officers are seizing shipments with a significantly higher value. To wit, the average domestic value of a seized shipment was US$14,407 in FY07 compared to US$10,587 in FY06.

View Full Article (tdctrade.com)

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