During a Senate hearing earlier this week, entrepreneur Kevin O’Leary delivered a scathing indictment of China’s long-standing abuse of American intellectual property, laying bare how countless small businesses have been gutted by Chinese knockoffs—and left with no way to fight back.
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“The whole idea of today’s conversation was just to get to a reciprocal playing field, an even playing field,” O’Leary said in his opening remarks, setting the tone for a hearing that exposed the sheer scale of damage caused by Chinese IP theft.
Sen. Rick Scott (R-Fla) illustrated the issue with a hypothetical involving WeatherTech, a company that manufactures high-quality car mats. “They woke up one day, and they looked on Alibaba, and they saw that their products were being sold,” he
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