Fake Goods Trade Reaches $467 Billion

Counterfeit goods accounted for an estimated $467 billion in global trade

The counterfeit goods represented around $ 467 billion in global trade in 2021, the last year with complete data available, indicates a joint study of the Organization for Economic Cooperation and Development (OECD) and the Office of Intellectual Property of the European Union (EUIPO), an EU agency based in Alicante, Spain. The authors of “Mapping … Read more