Just the ticket for counterfeiting

In September 2015, the European Union Intellectual Property Office (then called the Office for Harmonization in the Internal Market) published its report into the impact of counterfeit sporting goods in the EU. The report not only looked at the widespread availability of fake goods, but also the economic impact that the sale of counterfeit goods has on the economies of member states. The findings were staggering—more than €500 million ($561 million) lost in revenues and up to 2,800 jobs lost within the sector through the indirect effects of consumers buying counterfeit goods.