The U.S. Senate Committee on the Judiciary's Subcommittee on Intellectual Property recently held a hearing that spotlighted the severe challenges American businesses face due to intellectual property infringement by Chinese companies, often supported by the Chinese Communist Party. Senator Thom Tillis emphasized the need for legislative action, like the Patent Eligibility Restoration Act, to protect innovation. Testimonies from businesses, including Charlotte Pipe, illustrated the negative impact of these violations, highlighting the urgent need for fair trading practices and stronger IP protections to bolster American economic leadership.
Yitai's copying [included] an almost movie set-like reproduction of Charlotte Pipes' main production facility.... Yet, Yitai still likely commands the lion's share of the Asian market selling unauthorized products under Charlotte Pipes' brand. This 'demonstrates just how much work we have to do to get to a fair trading relationship with the [CCP].' - Thom Tillis, Senate IP Subcommittee
The United States cannot afford to allow China to abuse its IP assets, one major reason why Senate IP Subcommittee Chair Senator Thom Tillis recently introduced the Patent Eligibility Restoration Act (PERA), which would restore 'broken' patent eligibility law impacting innovation in diagnostics and elsewhere.
Ranking Member Adam Schiff (D-CA) told the story of one constituent business owner who found that a previous manufacturer in China had registered the Chinese trademark to the branding of the American speaker company.
Charlotte Pipe and Foundry Company, a global leader in iron casting and pipe manufacturing, had a similar experience as explained by Bradford Muller, the company's Vice President (VP) of Corporate Communications.
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