17 November 2020TrademarksSarah Morgan

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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More on this story

15 October 2018   Research by MarkMonitor has revealed that 23% of consumers are unknowingly purchasing counterfeit goods.
6 February 2017   The US Immigration and Customs Enforcement (ICE) and Homeland Security Investigations units seized more than 260,000 counterfeit sports goods, worth an estimated $20 million, before the Super Bowl.