Ipr and innocent infringement

IPR is the most valuable tool of any global business, and marketplace competition depends upon the free flow of genuine, branded merchandise. CBP currently has authority to assess fines against any ” person who directs, assists financially or otherwise, or aids and abets the importation of merchandise bearing a counterfeit mark that is seized.”   The Administration is now proposing that potential penalties for violation of domestic IPR be substantially mitigated for any party who voluntarily reports an IPR violation, has no knowledge of a pending CBP investigation, and had no knowledge or intent to handle counterfeit or piratical goods. The procedure, if adopted, should not result in penalties for those who suffer forfeiture.