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June 07, 2018 About the EUIPO
Publication of the ‘Synthesis Report’ on IPR infringement 2018
New research from the European Union Intellectual Property Office (EUIPO) shows that EUR 60 billion is lost every year due to counterfeiting in 13 economic sectors.
These figures emerge from a cycle of research work carried out by the EUIPO over the last 5 years and released in one single report for the first time. The Synthesis Report, released today, brings together research on the contribution of intellectual property to the EU economy and the cost of counterfeiting and piracy to international trade. It also synthesises actions being undertaken by national, regional and international bodies to combat intellectual property right infringements.
The 13 sectors studied are: cosmetics and personal care; clothing, footwear and accessories; sports goods; toys and games; jewellery and watches; handbags and luggage, recorded music; spirits and wine; pharmaceuticals; pesticides; smartphones; batteries and tyres.
Today’s figures show that the direct annual losses incurred by those sectors as a result of the presence of fake products in the marketplace amount to EUR 60 billion – equal to 7.5 % of their sales.
Furthermore, because legitimate manufacturers produce less than they would in the absence of counterfeiting, and consequently employ fewer workers, 434 000 jobs are also directly lost in these sectors.
The full Synthesis Report and the executive summaries can be found here