How Philips is using mobile phones to combat counterfeits in Africa
In Africa and other developing regions where informal trade is strong, brands are increasingly facing the challenge of counterfeit products. Worldwide, the US Chamber of Commerce’s Global Intellectual Property Centre estimates cross-border trade in physical counterfeits alone costs the global economy a staggering US$250bn a year.
One company using mobile phones in an effort to combat this is Netherlands-based technology brand, Philips.
Related Posts
India seized fake seeds worth $750,000 in 2012
India says it has seized fake seeds worth more than $750,000 this year, making 25...
Premixed coffee seized in raids
KOTA KINABALU: The Domestic Trade and Consumer Affairs Ministry has crippled an...
China detains gangs accused of smuggling 440,000 tonnes of oil
Chinese customs have detained members of two gangs involved in smuggling in...
Chinese banks a haven for web counterfeits
Kim Sbarcea knew exactly what she wanted. She typed “Tiffany Elsa Peretti mesh...