Log in to your IBTimes Account

close
ID
Password

Fake Goods Pose Threat



By AP
10 March 2008 @ 10:24 am EST

BRUSSELS, Belgium - Campaigners seeking to raise awareness of the social and economic harm of fake luxury goods sought European Union support Monday for their fight against the booming trade in counterfeit products.

Related Topic

Get stories by e-mail on this topic.

E-mail:

The Authentics Foundation aims to combat the appeal of cheap knockoffs by showing the dark side of these goods, saying they are often made with child labor, used to finance crime and because their lower quality can be a health hazard.

"I think this all maybe started with the DVDs and music being pirated and it is has just exploded basically into something quite different," said Yasmin Le Bon, an anti-counterfeit campaigner and model.

Jose-Manuel Barroso, president of the European Commission, gave his backing by opening a "summit" on the problem attended by industry and government figures.

"It is indeed not only an economic problem; but a public health and a consumer problem," Barroso said.

An exhibition organized by the group in a Brussels hotel showed goods ranging from a fake Ferrari sports car made in Thailand, to imitation Tabasco sauce. Medicines are a particular problem. The group said 80 percent of pharmaceuticals sold in Nigeria are fake.

Timothy P. Trainer, president of the Authentics Foundation, said his organization faces an uphill challenge.

"It has gotten more complicated because now counterfeiters are into everything," he said. "Twenty years ago they were more into luxury brands and so on. Today, they are into electronics, they are into medicine, they are into food."

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Politics & Policy
Officials in the United Arab Emirates say the country's financial institutions remain healthy despite growing fears the global credit crisis will hurt th...
Coordinated national rescue efforts for the financial markets are needed to restore confidence in the world economy, German Chancellor Angela Merkel said...
Iraqi police say a car bomb has exploded in southwestern Baghdad, killing two civilians. Three others were wounded by the blast Sunday afternoon in the p...

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives