
Food: counterfeiting cost 4bln a year
SEPTEMBER 9 – Each year fake food products and tobacco smuggling cost the legal market four billion euros and over 20,000 jobs in Italy, according to Confagricoltura. The alarm was raised at a congress organized at Milan Expo 2015 together with the Open foundation.
”Buying counterfeited or smuggled products means not only consuming things that can damage health, but also causing economic damage to the country in terms of loss of revenue and employment, as well as to the productive system in general”.
Related Posts
Indian Coast Guard, Directorate of Revenue Intelligence seize ₹20 crore worth gold smuggled from Sri Lanka
On the second day of search by scuba divers deployed by the Indian Coast Guard...
Smuggled cigarettes, other contraband worth Rs 3.89 crore destroyed in Chhattisgarh
Raipur, Feb 28 (PTI) The Customs on Wednesday destroyed foreign-origin cigarettes...
Fakes are costing Europe’s fashion industry
It’s exceedingly easy to buy knock-offs of European luxury brands. They’re so...
Drink-driving: Man dead, friend critical
A man died some time after crashing his two-wheeler into a footpath in BTM Layout...


