Crime networks forge ahead in fakes
A new EUIPO report shows counterfeiting incentives for criminal gangs
Posted 06 June 2018 | JoTS Online
Content Tags: Updates|Counterfeit Goods|National
UPDATES: A EUIPO synthesis report warned that organised crime groups were becoming more sophisticated in counterfeiting and piracy, using complex supply chains, online platforms and social media to profit from intellectual property crime. With fake goods damaging economies, funding wider criminality and posing health and safety risks, enforcement bodies called for stronger intelligence-led responses.
The growing value and breadth of products being counterfeited, lenient sentences and high returns on investment have become strong incentives for criminal gangs to become more and more involved in counterfeiting, according to a new “synthesis” report produced by The European Intellectual Property Office (EUIPO), which brings together findings of research carried out since 2013, on the scope, sc...
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