The American Intellectual Property Law Association held its annual meeting in Washington, DC on 18-20 October 2007. As part of the program, NERA Senior Vice President Christian Dippon reviewed the June 2007 report of the Organisation for Economic Co-Operation and Development (OECD) entitled Economic Impact of Counterfeiting and Piracy. The OECD report estimates that in 2005, international trade in counterfeit and pirated goods may have reached $200 billion, and this estimate does not include domestically-produced goods or products distributed via the Internet. The report calls for greater action by governments and industry to combat counterfeiting and piracy, as well as more cooperation between governments. Dr. Dippon drew on his extensive expertise in this area to explore these issues from an economic perspective.