The Front Lines of Defense
There’s a huge global market for counterfeits. Amounting to 3.3 percent of world trade, global sales of counterfeit and pirated goods hit US $509 billion a year in 2016, according to “Trends in Trade in Counterfeit and Pirated Goods,” a March 2019 report from the European Union Intellectual Property Office’s (EUIPO) Observatory and the Organisation for Economic Co-operation and Development (OECD).
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