About: counterfeit goods
Tackling illicit trade through stricter anti-money-laundering rules
As illicit trade is rising, governments and affected industries are looking to combat the trend. One possible way is to pursue money laundering crimes more strictly so that criminals have fewer options to use the proceeds from their activities.
Use of counterfeits should be socially unacceptable, says EUIPO chief
Deterrence and social pressure should play a more significant role in the fight against counterfeits given the economic damage they cause the EU, according to the executive director of the European intellectual property office (EUIPO).
Trade in counterfeits – Hunting high margins with low risks
Illicit trade in counterfeit goods remains a significant issue in EU trade and is most prevalent in product categories that show a large discrepancy between production costs and consumer prices. This can include watches, fake luxury handbags, and even fake COVID vaccines.
Counterfeit trade on the agenda of ACP negotiations
MEPs and MPs from ACP (Africa, Caribbean and Pacific) countries call for closer cooperation to tackle counterfeit products in their future cooperation agreement. EURACTIV.fr reports.
EU loses €60 billion annually to counterfeits
According to a study by the EU’s Intellectual Property Office, revenue losses generated by counterfeiting in Europe remain high. EURACTIV.fr reports.
EU launches project against counterfeiting in Southeast Asia
The European Union has put forward a project to strengthen intellectual and industrial property rights in all ASEAN countries. EURACTIV’s partner Euroefe reports.
Greece seizes more than 700kg of illegal pesticides from Turkey
Greek Ministry of Rural Development and Food announced on Friday (4 August) that the customs office seized more than 700 kilos of illegal pesticides originating from Turkey.
Fake pesticides deal severe blow to EU economy, report says
Counterfeit pesticides take a significant toll on the EU's industry, tax revenues, and employment levels, a new report has found.
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.
Tobacco Directive should focus on traceability and security
The considerable problems posed by the illicit trade in tobacco products are widely recognised, yet agreeing on how to provide an effective solution is still the subject of deliberation and delays, writes Nicola Sudan.