“Stop Counterfeiting in Manufactured Goods Act”
“One of the problems we have is that people feel comfortable, at times, in trying to take a shortcut to success in the business world,” President Bush said prior to signing the bill into law.
“They feel like they can copy existing products, instead of designing their own.
“In order to keep this economy innovative and entrepreneurial, it’s important for us to enforce law, and if the laws are weak, pass new laws, to make sure that the problem of counterfeiting, which has been growing rapidly, is arrested, is held in check.”
“Counterfeiting costs our country hundreds of billion dollars a year,” he added.