TAPP Urges U.S. Representatives to Protect IP and Oppose “Affordable Prescriptions for Patients Act through Promoting Competition Act of 2021”

The Trade Alliance to Promote Prosperity has written a letter to members of the U.S. House of Representatives, urging them to protect intellectual property and oppose H.R. 2873, the “Affordable Prescriptions for Patients Act through Promoting Competition Act of 2021,” which would aid and abet Federal Trade Commission attacks on American businesses and grant FTC Chair Lina Kahn unprecedented power for an unelected bureaucrat. The bill is sponsored by Rep. David Cicilline (D – Rhode Island) and cosponsored by Reps. Ken Buck (R – Colorado), Carolyn Maloney (D – New York), and Jerrold Nadler (D – New York), and Del. Eleanor Holmes Norton (D – District of Columbia).

Read More
Ainsley Shea
TAPP Urges Senators to Protect IP and Oppose Cornyn-Blumenthal "Affordable Prescriptions for Patients Act"

The Cornyn-Blumenthal Bill would effectively empower the FTC to oversee American prescription drug innovation and development and grant them the ability to quash drug innovations. If passed, this legislation would come at the peril of American patients awaiting innovations to address their serious suffering from medical conditions and diseases that could otherwise be treated or cured.

Read More
Ainsley Shea
Call Congress to Oppose H.R. 3, A Terrible, Regressive Drug Bill

On April 22, U.S. House of Representatives Energy and Commerce Committee Chairman Frank Pallone Jr. (D-NJ), Ways and Means Committee Chairman Richard E. Neal (D-MA), and Education and Labor Committee Chairman Robert C. "Bobby" Scott (D-VA) reintroduced H.R. 3, a terrible piece of legislation known as the “Lower Drug Costs Now Act,” which, for good reasons, failed to be passed into law in the last session of Congress.

Read More
Ainsley Shea
Letter to Georgia Assembly: Do Not Overlook or Condone IP Theft

In the quest to attract investment from foreign and domestic corporations, the State of Georgia has become a home for Electric Vehicle-related manufacturing. In 2019, SK Innovation (SKI), an Electric Vehicle (EV) battery manufacturer and subsidiary of a South Korean global conglomerate, broke ground in the town of Commerce, Georgia, on a $1.67 billion manufacturing plant to produce batteries for Ford and Volkswagen, with a promise of creating 2,000 jobs.

Read More
Ainsley Shea
Georgia Should Not Be Entangled with Bad-Faith Actors on Intellectual Property

In the quest to attract investment from foreign and domestic corporations, the State of Georgia has become a home for Electric Vehicle-related manufacturing. In 2019, SK Innovation (SKI), an Electric Vehicle (EV) battery manufacturer and subsidiary of a South Korean global conglomerate, broke ground in the town of Commerce, Georgia, on a $1.67 billion manufacturing plant to produce batteries for Ford and Volkswagen, with a promise of creating 2,000 jobs.

Read More
Ainsley Shea
President Biden: Oppose Waiving Intellectual Property Protections for COVID-19 Meds!

U.S. Representative Jan Schakowsky of Illinois has drafted a letter asking the Biden administration to reverse the Trump administration’s opposition to removing intellectual property protections relevant to COVID-19 medicines. In a nutshell, Schakowsky’s idea is to allow the infringement of longstanding intellectual property rights to let developing countries produce medicines outside the normal operating parameters.

Read More
Ainsley Shea
What Korean battery companies' fight for trade secrets means for auto industry

Right now, two subsidiaries of Korean global conglomerates are engaged in a bitter intellectual property (IP) theft dispute before the United States International Trade Commission (ITC). LG Chem has accused SK Innovation of stealing trade secrets pertaining to its lithium-ion battery technology and then leveraging these trade secrets to secure lucrative contracts in the United States,... read more.

Read More
Ainsley Shea
Mosaic Company Stock Prices Increase After the Company Files Petitions Requesting Countervailing Duties on Phosphates - Impeded Fertilizer Imports Due to Tariffs Will Result in Higher Domestic Prices

From Georgetown Capital Advisors: On June 26, The Mosaic Company (NYSE: MOS) announced that it had filed petitions with the US International Trade Commission (ITC) and the US Department of Commerce (DoC) requesting the imposition of countervailing duties (CVDs) on imports of phosphate from Morocco and Russia. Mosaic’s stock has, since that date, appreciated 80.5% as of the market close on Friday, December 11, with price increases following key events related to the investigation.

Read More
Ainsley Shea
Intellectual Property Comments to the USPTO

US Patent and Trademark Office (USPTO) Director Andrei Iancu put out a request for comments for feedback on what stakeholders think the rules should be for the Patent Trial & Appeal Board (PTAB). This represented a pivotal opportunity to commend the USPTO for this inquiry and urge serious regulations/guardrails/reforms to PTAB--an opportunity we gladly seized. Read the comments we submitted here.

Read More
Ainsley Shea
American Innovation Thrives with Reliability, Certainty, and Rule of Law

The Trade Alliance to Promote Prosperity, along with 22 other free market groups, recently signed onto a letter to U.S. Senator Lindsey Graham, Chairman of the Senate Judiciary Committee, and U.S. Representative Jim Jordan, Ranking Member of the House Judiciary Committee, expressing our strong support for the important changes that the current leadership of the U.S. Patent & Trademark Office (USPTO) has made over the past three years to bolster patent reliability and to promote the rule of law.

Read More
Ainsley Shea