Global Trade in Fake Goods Worth Nearly Half a Trillion Dollars a Year:
- France OECD and the EU’s Intellectual Property Office. 2016
- 4p.
The article reports on the scourge of Imports of counterfeit and pirated goods approximated to be worth nearly half a trillion dollars a year, or around 2.5% of global imports, with US, Italian and French brands the hardest hit and many of the proceeds going to organised crime.