COUNTERFEITING AND PIRACY

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That this House notes that counterfeiting and piracy cost UK industry ú8.19 billion in 1999, according to a recent survey by the Alliance Against Counterfeiting and Piracy; further notes that this translates into a ú1.36 billion loss of tax revenues for Her Majesty's Treasury; and calls upon the Government to introduce legislation as a matter of urgency to stiffen the penalties for intellectual property theft and make it easier to secure convictions.