EUIPO releases report on World Anti-Counterfeiting Day

Mostar, June 10, 2021 - As part of the annual Pan-European Media Campaign and on the occasion of World Anti-Counterfeiting Day June 8, the European Union Intellectual Property Office (EUIPO) has launched an awareness raising campaign in 2021. RISKS AND DAMAGES POSED BY INTELLECTUAL PROPERTY INFRINGEMENT IN EUROPE in all countries of the European Union (EU). 

The COVID-19 pandemic and the resulting rise in online shopping and accessing of digital content has shed new light on the risks and damages posed by the infringement of intellectual property rights in Europe and put the dangers for consumers under a microscope.

On average, nearly 1 in 10 Europeans (9%) claim to be misled into buying counterfeits, and a third of Europeans (33%) wonder if the product they bought is genuine. Counterfeits account for 6.8% of European Union imports, worth 121 billion euros, and small and medium-sized enterprises suffer special damage, EUIPO said.