WASHINGTON (Jan. 6, 2005) — Automotive suppliers were pleased by the reintroduction of the Stop Counterfeiting in Manufactured Goods Act by Rep. Joe Knollenberg, R-Mich.
The bill would strengthen existing anti-counterfeiting laws by forcing convicted counterfeiters of auto parts and other goods to forfeit the machinery used to produce fake products, as well as the money they made by selling them.
“Penetration by counterfeit automotive products…has the potential to undermine the public's confidence and trust in what they are buying,” said Paul Foley, vice president of the Motor & Equipment Manufacturers Association, in a press release supporting the bill.
Mr. Knollenberg originally introduced the bill in the previous Congress, but it failed to garner a single hearing.