GREAT.
So company A spends millions developing a new semiconductor manufacturing process (embodying a veritable ton of IP - intellectual property) and company B, located in the far east (YOU take a guess at which country) is 'free' (by your rules now) to reverse engineer those products (ICs) fabbed (fabricated) by company A and then begin production in company B's facilities - with company A receiving *no* payback for their R & D!
THAT is not right ...
No, it is just reality. I didn't defend it, I only described it.