EUIPO: Poland loses PLN 9.5 billlion a year due to counterfeiting

Direct annual losses due to counterfeiting and piracy in 11 key sectors of the European Union economy amount to PLN 261 billion, according to the latest estimates of the European Union Office for Intellectual Property (EUIPO). In Poland, such losses are estimated at PLN 9.5 billion.  This accounts for 10 percent of sales in the key sectors.

In addition, counterfeiting causes a direct loss of about 468,000 jobs in EU, because companies operating under the law produce less than they would if there was no counterfeiting.

(ISBnews)