IP CRIME ON THE RISE

IP CRIME ON THE RISE

IP crime is on the rise, particularly during these unprecedented times. An OECD report, based on data for 2016, estimates that in that year, the volume of international trade in counterfeit and pirated products could amount to as much as USD 509 billion. This represents up to 3.3 % of world trade. This amount does not include domestically produced and consumed counterfeit and pirated products, or pirated digital products being distributed via the Internet.

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