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Image header Agence Europe
Europe Daily Bulletin No. 11682
Contents Publication in full By article 15 / 34
SECTORAL POLICIES / Internal market

EUIPO says EU loses €83 billion every year due to counterfeiting and piracy

Studies carried out between March 2015 and September 2016 by the European Union Intellectual Property Office (EUIPO), the results of which were published on Monday 5 December, put the annual losses suffered in the EU due to counterfeiting and piracy at €83 billion.

According to these studies, 7.4% of all sales – in other words, €48 billion – is lost due to counterfeit goods in new sectors (clothes, shoes and accessories, sports goods, toys and games, jewellery, leather goods,...

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