WASHINGTON -- Congress has approved a measure designed to curb sales of counterfeit products, especially auto parts.
The Motor & Equipment Manufacturers Association says suppliers lose more than
$12 billion a year to counterfeiters. MEMA has more than 700 supplier members.
The legislation would make it a crime to produce or distribute labels and packaging that make counterfeit goods look real -- a complaint of many suppliers doing business in low-cost countries. The legislation also would strengthen legal provisions for seizing and destroying counterfeit products.
The Senate version of the bill is to be reconciled with a House-passed version and sent to President Bush.
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