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What's The Problem With Counterfeit?
Counterfeit products, notably fake malaria pills and medications, pose severe health risks and contribute to a global market worth over $650 billion. Counterfeiting affects numerous industries, including military supplies and luxury goods, leading to safety issues and unethical labor practices. The document advocates for improved detection and stringent measures to combat counterfeiting, highlighting its pervasive impact on consumers and genuine businesses.
What's The Problem With Counterfeit?
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- 2. Every 5 minutes achild dies From taking fake malaria pills
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- 4. Counterfeit market today’s GDP willexceed India Canadaof India and Canada
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- 6. of counterfeit drugsglobally $200 Billion
- 7. of US militarysupply chain 40% is counterfeit
- 8. cigarettes consumed peryear Up to 660 Billion are illicit
- 9. Car tires &brakes counterfeits significantly impacting safety
- 10. Need to ensurethat parallel imports luxury goods are not from
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- 12. of all Viagra 50% isnot working
- 13. Counterfeit versions of HIVmedications were discovered
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- 20. recycling & redemptionservices Unjustified
- 21. for health andsecurity High risk
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- 24. Customs Authentication takes toolong Complex detection process Low chances to be caught
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- 26. change focus Criminal organizations fromdrugs to counterfeiting
- 27. Small chances tobe caught Big gains, low penalties
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- 31. of companies producinggenuine products Protect the jobs
- 34. How can we helpyou fight counterfeiting ?
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- 36. by Stefan Hockenberger, GlobalTrack & Trace Lead GET THE EBOOK Download this Free 250 page Track & Trace ebook …or go to bit.ly/t-t-ebook