A bipartisan group of 19 leaders of the House Small Business Committee sent a letter to the Federal Trade Commission (FTC) yesterday urging them to use their existing authority to crack down on companies using stolen intellectual property to create an unfair advantage over US manufacturers. The NAM applauds these Members of Congress for working up to the last few hours on the last day of the Congressional session until they return in September fighting for manufacturers.
The investments manufacturers make in information technology which they then use to run their businesses, design their products and service their customers is what gives them an innovative edge over their competitors. These IT tools can create that edge in the marketplace that many small businesses use to grow their operations and create jobs.
Unfortunately, many of these small manufacturers, sometimes unknowingly, are competing on an unlevel playing field. Their competitors, primarily from outside the US, are using pirated or stolen information technology for which they pay nothing. This unfair advantage translates into lost revenue and jobs for US manufacturers playing by the rules.
The NAM is very sensitive to the global supply chain that is integrated into manufacturing enterprises of all sizes. Just as the Members of Congress said in their letter, the FTC should not to disrupt or burden manufacturers as they pursue the bad actors. The NAM agrees and we are committed to working with governments at all levels to ensure US manufacturers continue to win and create jobs.
Brian Raymond is director, technology and domestic economic policy