Knockoffs are a plague on small businesses, that costs them time, money and may put them out of business. Right now all marketplace platforms do is help them play whack-a-mole. Which I don't believe is enough.
Counterfeiters have found a way to capitalize on the rise of online shopping platforms. According to a report by the Office of the United States Intellectual Property Enforcement Coordinator, knockoffs cost US businesses more than $200 billion a year and contribute to 750,000 jobs lost.
Should we require marketplace platforms to vet all foreign manufacturers selling on marketplaces selling to USA consumers? Any suggestions on best approach?
Kamala is focused on supporting and protecting American companies from unfair foreign competition. Let me know what suggestions you have!
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