OECD finds the real piracy losses
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Financial Times obtained an executive summary of a new report produced by
Organisation for Economic Co-operation and Development (OECD) that estimates
the trade losses due to piracy and counterfeiting did not exceed 200 billion
USD.
The report should be endorsed by the OECD board this month and is considered
politically sensitive, taking into account that the estimates from the
industry show figures up to 3-4 times higher than the OECD estimates based
on reported customs seizures in various countries.
The efforts of the international business lobbists, that have pushed for
Germany to put the fight against counterfeiting on the next G8 summit
agenda, could be undermined by this new report. This is why the
International Chamber of Commerce Secretary General quickly reacted by
considering the OECD figures as “underestimated” and said that “up
to 1 000
billion USD in international trade was lost annually” to piracy and
counterfeiting.
Forgery trade losses ‘under $200bn’ (7.05.2007)
http://www.ft.com/cms/s/acbd064c-fcb9-11db-9971-000b5df10621.html