1887

The Economic Impact of Counterfeiting and Piracy

image of The Economic Impact of Counterfeiting and Piracy

This study develops and applies a rigorous methodology to estimate the incidence of counterfeit and pirated items in world trade. This methodology can be used in the future to refine the assessment as the quality and quantity of data improve. The study also provides an analysis of the market for counterfeit and pirated goods and the effects on various affected parties, ranging from the owners of the intellectual property rights, to consumers and governments. The study also provides a number of in-depth snapshots of different industry sectors, highlighting how those sectors are affected by counterfeiting and piracy, and how they are responding.

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Food and drink sectors

The following analysis focuses on IPR (Intellectual Property Rights) infringements affecting alimentary products (food and drink). It should be noted that the broader interpretation of “counterfeiting” that appears to be commonly used within these sectors includes “fake” products that are misrepresented (e.g. a bottle containing some kind of alcohol, such as vodka, that is sold without infringing a trademark). However, while important from a public policy perspective, such products are beyond the scope of this project, which limits itself to instances of counterfeiting that infringe intellectual property (IP) rights.

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