On the recordNovember 12, 2019
Today I am here to discuss the critical need to protect American businesses and consumers from the dangers of counterfeits, particularly counterfeit goods sold online. Counterfeits do incredible damage to our country's economic competitiveness. They harm intellectual property right holders and the reputation of online marketplaces, undermine the integrity of our supply chains, and even threaten the health and safety of consumers. So it is Congress's responsibility to use its oversight and legislative authority to identify ways to prevent these illicit goods from entering our borders. Over the past year, I have worked with the Finance Committee Ranking Member Wyden to investigate how counterfeiters use e-commerce to sell their phony goods to consumers. Last week, we concluded our investigation and issued a report detailing our findings. Based on the information presented to Senator Wyden and this Senator by right holders, trade associations, e-commerce platforms, and common carriers, we made five findings in this report, and we identified two legislative recommendations for Congress in this report. I believe these recommendations will enhance existing efforts within the Federal Government to prevent the sale of counterfeits online. I will talk briefly about our findings today, and I look forward to working with my colleagues--both Republican and Democrat--to identify additional areas for congressional action.…





