According to own information, the EU Commission intends to launch the first “monitoring list for product counterfeits and piracy”. The aim is said to be to determine the markets outside of the EU where product counterfeits and piracy and other forms of abuse of intellectual property rights are common. “Based on information provided by interested parties the future monitoring list will help to sensitise the consumers, who possibly purchase products in these markets, and support the operators of these markets as well as the owners in taking action against the abuse of intellectual property rights,” the corresponding release stated. The Commission is also going to keep an eye on the measures the local authorities introduce to reduce the availability of goods and service that violate the intellectual property rights on the determined markets.

2018 koziol kaesereibe - Monitoring list planned for product piracy

According to the European Union Intellectual Property Office (EUIPO) and the Organisation for Economic Cooperation and Development (OECD), the trade with counterfeits and pirate copies totals around 338 bil. Euros annually worldwide. The European Union is especially affected, where fakes and pirate copies make up approx. 5% of all imports or in terms of value 85 bil. Euros a year.

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