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, the OECD estimates that almost a quarter of video game consoles and controllers shipped internationally are fakes.