Illicit Trade Archives
-
Growing fake smartphone market raises eyebrows in Brussels
The rise of counterfeit smartphone devices in the EU in 2015 is dealing a severe blow to industry sales and consumer safety, a new report has warned.
-
Brussels urges Belarus to raise excise taxes on cigarettes
In an effort to halt the growing illicit tobacco trade from Belarus to Europe, the European Commission is calling on Minsk to approximate its excise duty rates to the levels in the EU.
-
Industry group says smartphones could help slash growing trade in counterfeits
Smartphones could help slash the amount of counterfeit products that are sold in Europe, according to a new report.
-
Fake wines and spirits cost the EU ‘at least’ 4,800 jobs per year
The rise of counterfeit products in spirits and wine across Europe cause annual government losses estimated at €1.2 billion as well as approximately 4,800 jobs in these sectors, a new study has found.
-
Commission vows to tackle illicit tobacco trade ‘by its own means’
The European Commission will focus on the new tobacco directive, as well as accords with the World Health Organisation to fight against illicit tobacco trade, following the expiration a 12-year deal with Marlboro-maker Philip Morris.
