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by djf1
3086 days ago
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Ignorance of IP laws would help the developing economy, while hurting the developed economy. Copying is cheap, original invention is expensive, and developed countries have more to lose. In a somewhat relevant WTO dispute between US and China, "The International Intellectual Property Alliance, a coalition of U.S. entertainment and software industry groups, has claimed piracy in China costs them more than $3.7 billion in lost sales." [1] [1] https://www.reuters.com/article/us-china-usa-wto/china-u-s-t... |
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I can claim piracy in China costs me 18 billion dollars.