
Crackdown on counterfeiting
From fake versions of the drugs Viagra and Xanax to phony designer watches and handbags, counterfeiting is rising fast and is increasingly becoming a booming underground economy. And while counterfeiters reap significant profits, millions of consumers are at risk from unsafe and ineffective products. Who hasn’t been tempted to purchase a fake designer handbag or watchâ��? They are a fraction of the cost of authentic designer products, ranging from the hundreds to the ten-thousands depending on the designer, the style and the materials used. But there are many reasons not to buy knock-offs, first and foremost because fakes harm people and hurt the economy. Despite being against the law, counterfeiting is big business. Counterfeit products exist in virtually every area – food, drinks, clothes, shoes, pharmaceuticals, electronics, auto parts, toys, currency, tickets for transport systems and concerts, alcohol, cigarettes, toiletries, building materials and much, much more.
http://www.iso.org/iso/home/news_index/news_archive/news.htm?refid=Ref1809
Related Posts
Counterfeit and pirated product market reaches $11 billion
The counterfeit and pirate product market is currently worth around...
Cameroon: Cosmetics – Individual Effort to Fight Counterfeit Goods
Some consumers destroy the packaging by cutting after using product. Fake...
One Person in Custody for smuggling of larger Number of Motor Vehicles.
The measure of custody has been proposed due to the risk of the suspect’s flight,...
Sub-inspectors suspended for smuggling seized liquor.
Two sub-inspectors were suspended on Thursday for their alleged involvement in...


