Kristy's Blog

Hmmmm….that number sounds kinda high, doncha think? I’m going to have to say someone slipped a digit on their calculator.

The 750,000 figure is repeated on the Chamber of Commerce’s website section on intellectual property, but cites the office of U.S. Customs and Border Protection as the source.

And then there’s the same number again appearing on a 2007 joint U.S. Department of Commerce-U.S. Chamber of Commerce press release. A link on the press release goes to the Commerce Department’s trademark division dealing with small business. Atop the website is this flash message:

American Businesses are estimated to lose a Whopping $250 Billion a Year to copyright piracy. Overall intellectual property theft costs 750,000 jobs a year.