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Trade in Counterfeit Goods and the Italian Economy

Protecting Italy's intellectual property

image of Trade in Counterfeit Goods and the Italian Economy

The Italian economy is innovative and rich in intellectual property (IP), with nearly every industry either producing or using IP. Italian IP-intensive industries are very well integrated in the global economy, through active participation in global value chains. At the same time, the threats of counterfeiting and piracy are growing – and Italy is vulnerable. This report measures the direct, economic effects of counterfeiting on Italian consumers, the Italian retail and manufacturing industry, and the Italian governments. It examines both the impact that the imports of fake products to Italy has on these three groups and the impact on the Italian intellectual property rights holders of the global trade in fake products that infringe their IP rights.

English Italian

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Counterfeiting in Italy

This chapter profiles the victims, volume, and economic consequences of counterfeit and pirated imports in Italy. It lists the top provenance economies for products seized by Italian customs, and compares the ongoing likelihood of each country to be a source of counterfeit goods sold in Italy. It then describes the product types most likely to be fakes, and – employing new, purpose-built methodology – quantifies the degree of counterfeiting for each. The discussion goes on to distinguish between primary and secondary markets, and explores the factor of “consumer detriment”. The chapter concludes with an elaboration of the deleterious effects of counterfeiting for the Italian economy, in terms of consumer welfare, lost sales, lost jobs, and lost government revenue.

English Italian

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