| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/346 (19.04.13) |
| Publication Date | 19/04/2013 |
| Content Type | News |
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Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further. Counterfeiters are in the market for medicines, fashion goods, food products, automotive brakes, electrical appliances, cosmetics and our children's toys, to name but a few examples. In Europe, the problem can pose health and safety risks and has become a major handicap to growth and employment. To help counter the risks to citizens and businesses posed by counterfeit goods, on 19 April 2013 Vice President of the European Commission responsible for Industry and Entrepreneurship, Antonio Tajani, and Commissioner Michel Barnier, responsible for internal market and services, called upon European citizens to be aware of the risk of buying fake goods. The campaign’s objectives are to raise consumer awareness about the dangers of counterfeit goods as well as to promote closer cooperation between the European Commission, national authorities - including law enforcement agencies and customs - and consumers, producers and trade associations to stop the production and circulation of counterfeit goods, calling on all Europeans to make a stand against fake products and buy original products. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_MEMO-13-346_en.htm |
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| Subject Categories | Business and Industry, Internal Markets, Justice and Home Affairs |
| Countries / Regions | Europe |
