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
Illegal smuggling of drugs, firearms on the rise
More firearms and drugs are illegally entering the country than ever before, a...
Fakes come at a high price
One of the intractable aspects of the trade in counterfeit luxury goods is that...
Organ Smuggling: Turkish Hospitals Traffic Injured Syrian Citizens’ Organs
Were it not for the well-documented terrorism and atrocities that we know are...
2 held for selling fake watches
Two youths were arrested for selling fake watches under the banner of two leading...