"Piracy is running rampant, according to a report from the U.S. government. Not the kind of pirates with eye patches and parrots on their shoulders, but rather the kind that downloads content illegally from the Internet, counterfeits products, and generally hijacks the profits of pharmaceuticals, electronics, software, and other goods. China and Russia were singled out in particular for their weak protections of intellectual property rights (IPR).
The report, known as Special 301, is conducted annually by the Office of the United States Trade Representative (USTR) to examine the global state of IPR in accordance with the Special 301 provisions of the Trade Act of 1974. This year, the USTR designated 46 countries in one of three "watch list" categories. China and Russia -- which were both given kudos for improved measures against pirates and counterfeiters -- made their way to the top of the list, followed by other trading partners, including Argentina, Israel, Pakistan and Thailand."
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