Infringing goods represent up to 2.5% of world trade, research reveals

A new study has revealed that counterfeit and pirated goods represented up to 2.5% of world trade in 2013 (as much as $461 billion). President of the EU Intellectual Property Office (EUIPO) Antonio Campinos points out that the figure “is equivalent to the combined GDP of the Czech Republic and Ireland”.

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Issue 72