China, the largest source of counterfeiting

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ayeshshiddika11
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China, the largest source of counterfeiting

Post by ayeshshiddika11 »

It also shows that China is by far the largest source of counterfeiting. The EUIPO has found that 85% of seizures related to online sales and 51% of seizures in physical stores originate from that country.


Counterfeiting affects all sectors , although there are some products that stand out when it comes to the violation of industrial property rights. The most frequently affected products are electrical machinery and electronic items (30% of seizures), clothing (18%), perfumery and cosmetic products (10%) and games and toys (10%), as we detailed in this article .

The study by the European office places saudi arabia phone data particular emphasis on the fact that these counterfeits not only infringe industrial property rights, but are also often of inferior quality , which can pose a threat to the health and safety of consumers.

The EUIPO also stresses that SMEs are particularly affected by counterfeiting. According to data from the 'Barometer on SMEs and Property' , 15% of European SMEs holding registered industrial property rights have suffered infringements. These companies consider that counterfeiting has negatively affected their activity, resulting in a reduction in their turnover, reputation, image and competitive advantage.

The EUIPO also warns that young people are buying more counterfeit products, as well as welcoming access to pirated content. According to its 'Barometer of intellectual property among young people 2022' , almost four in ten young people (37%) aged 15 to 24 have deliberately bought one
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