OECD CRITICISES WEAK IMPLEMENTATION OF ANTI-COUNTERFEITING LAWS
November 1st, 2007
BY KEITH NUTHALL
THE ORGANISATION for Economic Cooperation and Development (OECD) has criticised weak implementation of anti-counterfeiting laws in countries that are a major source of fake medicines. In its report the Economic Impact of Counterfeiting and Piracy, the OECD noted that Brazil, China, India, and Russia, all have trademark laws with civil and criminal remedies against pharmaceutical counterfeiting, including "graduated levels of fines and terms of imprisonment". However, "while the remedies may be available [there is widespread] ...
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