WASHINGTON – In an effort
to support the vital role trademarks play in the U.S. economy, Senate Judiciary
Committee Chairman Chuck Grassley, Senator Chris Coons, Congressman John
Ratcliffe and Congressman Ted Deutch have relaunched the Congressional Trademark
Caucus.
“Purchasing
fake and potentially unsafe products can be dangerous to consumers and harmful
to entrepreneurs. The Congressional Trademark Caucus can help educate members
of Congress, as well our constituents, about the valuable role trademarks play
in the global marketplace. The Caucus will focus on a number of initiatives
that will increase awareness and foster a productive public dialogue about the
importance of trademarks and the risks associated with counterfeit goods,”
Grassley said.
“Not
only are trademarks critical for companies’ ability to grow and create jobs,
but they also play an important role in communicating the authenticity and
integrity of products and services to customers. Counterfeit products with fake
trademarks can be unsafe versions of the real thing whose sales may fund
criminal networks. The Congressional Trademark Caucus will work hard in both
the House and the Senate to bring attention to the need to protect trademarks
and guard against the harms caused by intellectual property theft,” Coons said.
“I
look forward to working with my co-chairs on the Congressional Trademark Caucus
to shed light on the important role trademarks play in protecting the health
and safety of American families. As a former U.S. Attorney and terrorism
prosecutor, I’m also interested in raising awareness in Congress about links
between counterfeits and organized crime and terrorist organizations,”
Ratcliffe said.
“Trademarks
are the lifeblood of businesses, and I am glad to serve as co-chair of the
Congressional Trademark Caucus to educate and protect them. Counterfeit
products can be dangerous to consumers and destructive to small and growing
businesses trying to expand globally,” said Deutch.
The
caucus will work to support congressional committees with jurisdiction over
trademarks and Intellectual property, with special attention to consumer
issues. The mission of the caucus is to help increase awareness among Congress,
the media and the public about trademarks’ importance to global commerce, foster
public policy dialogues among state and federal governments and brand owners on
how best to reduce counterfeit goods in the marketplace and highlight trademark
protection in discussions between the U.S. and other nations and world
governing bodies.
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