COUNTERFEIT GOODS
July 1st, 2003
BY KEITH NUTHALL
THE EU Council of Ministers has approved a European regulation creating a harmonised system for how customs officers fight Europe's boom in counterfeit goods, reducing the costs to businesses from making tip offs and speeding the destruction of fake goods. The number of counterfeit articles seized at the EU's external borders increased from 10 million in 1998 to 100 million in 2001, with textile goods being central to the problem. The law comes into effect July 1, 2004.
THE EU Council of Ministers has approved a European regulation creating a harmonised system for how customs officers fight Europe's boom in counterfeit goods, reducing the costs to businesses from making tip offs and speeding the destruction of fake goods. The number of counterfeit articles seized at the EU's external borders increased from 10 million in 1998 to 100 million in 2001, with textile goods being central to the problem. The law comes into effect July 1, 2004.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.