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
Stop to tobacco smuggling urged
The alarming rise in seizures of contraband and counterfeit cigarettes by customs...
Poundstretcher sued for ‘selling fake bottles of Head & Shoulders’ as big brands launch fight against ‘copycat’ discounters
The brand behind Head & Shoulders is suing Poundstretcher over claims the...
Russia: Chanel Sweatshop Dismantled, Over 7,200 Counterfeit Shoes Recovered
Russian interior ministry officers busted an underground sweatshop where more...
Counterfeit goods: How to tell the real from the rip-off
As the world has grown smaller, more and more foreign-made goods are hitting our...