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ITC Investigates Global Competition

On April 3, Congress requested that the U.S. International Trade Commission investigate the effects of foreign market competition on U.S. medical device and equipment trade. ITC will examine regulatory and other conditions of competition that affect sales and trade of U.S. medical devices in Japan and other foreign markets.

It will compare regulatory condition in Japan with those of other foreign markets for domestic-made products exported to those countries. ITC will hold a public hearing about its investigation on July 11, 2006. It is accepting written submissions for the record. Comments must be received no later than July 25, 2006. Although the ITC investigation is a factfinding investigation only, industry should take the time to comment. In this era of global trade and harmonization, itâEUR(TM)s up to us to ensure a level playing field. Industry must watch out for its own interests.

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