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April 25, 2016 News
Report on Infringement of Geographical Indications in the EU
A report on Infringement of Geographical Indications in the EU has been launched on 25 April 2016...
A report on Infringement of Geographical Indications in the EU has been launched on 25 April 2016 by EUIPO.
In the European Union (EU), Geographical Indications (GIs) for wine, spirits, agricultural products and foodstuffs are protected as sui generis intellectual property rights that act as certification that certain products possess particular qualities, characteristics or reputation essentially attributable to their geographical origin and method of production.
The main objective of this study is to assess the size and value of the EU GI product market and the proportion of products in that market that infringe GIs protected in the EU. The impact of these infringements on EU consumers is also estimated, with a loss evaluated at up to €2.3 billion as consumers unjustly paid a price premium in the belief they bought a genuine product.
You can read the report here