Counterfeiting is trillion dollar problem and a threat for any business or brand The counterfeiting life-cycle can quickly destroy sales volumes The best protection strategies also increase consumer trust and deliver positive benefits like increased sales and brand equity The Rise of Counterfeiting Today counterfeiting is a major global industry, a trillion dollar problem [...]
A pharmacist who sold fake Viagra pills to one of Australia's biggest medical distributors is challenging the cancellation of his registration as a pharmacist in the NSW Supreme Court. Courtesy of www.abc.net.au.
Toll of counterfeiting and piracy predicted to top $2.3 trillion as call made for governments to do more
New research estimates that the global economic value of counterfeiting and piracy could reach $2.3 trillion by 2022, with job losses totalling in excess of 5 million. The research provides important data to policymakers. The challenge now is to ensure that they pay heed to it. The report, The Economic Impacts of Counterfeiting and Piracy, [...]