US hit hardest by ICT counterfeits; estimated 24% of video game consoles shipped internationally are fake
New research from the Organisation for Economic Co-operation and Development (OECD) has revealed that counterfeit information and communication technology (ICT) products account for 6.5% of overall ICT trade, with almost 43% of seized counterfeits infringing the IP rights of US companies. Worryingly for those tasked with protecting brands in the sector, it is estimated that almost a quarter of video game consoles and controllers shipped internationally are fakes.
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