Day: November 24, 2009

OECD counterfeiting report misinterpreted to support myth of Canada as a low piracy countryOECD counterfeiting report misinterpreted to support myth of Canada as a low piracy country



On November 20th, the OECD published a report titled Magnitude of counterfeiting and piracy of tangible products – November 2009 update. The report is an update to a previous major study on counterfeiting undertaken by the OECD in 2008. The report confirms what has been known for a long time: that counterfeiting and piracy of tangible goods is a major impediment to global trade that is getting worse. The report estimates that global trade in counterfeit and pirated tangible goods more than doubled in this decade to approximately 250 billion US dollars in 2007, up from just over USD 100 billion in 2001.