MANILA, Philippines: The Intellectual Property Office of the Philippines (IPOPHL) said on Tuesday that the country is losing big revenues due to online piracy and it would cost the government more if the problem remains unaddressed.
During the Committee on Trade, Commerce, and Entrepreneurship hearing on bills amending the Intellectual Property Code of the Philippines, IPOPHL Director General Rowel Barba cited the study conducted by Media Partners Asia on the country's losses due to video piracy.
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