EU IP agency states 3.5 billion euros lost on counterfeit goods
The manufacturing of counterfeit handbags, luggage, jewellery and watches costs European businesses 3.5 billion euros each year, according to new research from the Office for Harmonisation in the Internal Market (OHIM), the EU’s largest intellectual property agency. The report reveals that 12.7 percent of sales of handbags and luggage, and 13.5...
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