Misuse of E-Commerce for Trade in Counterfeits
Networks of illicit trade in counterfeits use many modern solutions, including e-commerce, a tool that offers numerous advantages for consumers and businesses. The COVID-19 pandemic has accelerated both illicit trade and its misuse of the online environment. This report uses a tailored, statistical methodology to assess the misuse of e-commerce for trade in counterfeit goods. It also presents key government actions and industry initiatives to counter this risk.
Foreword
Illicit trade in fake goods is a significant and growing threat in a globalised and innovation-driven economy. It has damaging effects on governance, innovation, and, ultimately, economic growth.
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