THE UPCOMING EU LIST OF COUNTERFEIT COSMETICS EMBRACED BY THE LEGITIMATE INDUSTRY
May 1st, 2018
A EUROPEAN Commission plan to identify online and physical marketplaces outside the European Union (EU) where counterfeiting piracy or other forms of intellectual property (IP) abuse are common practices has brought hope to the cosmetics sector. Continuously confronted with counterfeit and black-market goods, the legitimate industry sees the EU’s upcoming ‘Counterfeit and Piracy Watch-List’ as a way to minimise financial losses from pirates and smugglers. These losses are substantial. A study by EU police agency Europol and the European Union Intellectual ...
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