The US Trade Representative (USTR) office’s 2021 Notorious Markets List has identified 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.
- The list includes Indian ecommerce website IndiaMart and physical markets such as Palika Bazar in New Delhi, Heera Panna in Mumbai, Fancy Market in Kidderpore, Kolkata, and Tank Road in Delhi.
- The USTR justifies the exercise on the ground that commercial scale copyright piracy and trademark counterfeiting cause significant financial losses for US right holders and legitimate businesses, while undermining critical US comparative advantages in innovation and creativity.
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