Day: February 2, 2011

IIC estimates global economic and social impacts of counterfeiting and piracyIIC estimates global economic and social impacts of counterfeiting and piracy



The IIC just published a report commissioned by BASCAP entitled Estimating the global economic and social impacts of counterfeiting and piracy. Researched by Frontier Economics Ltd, the report estimates that based on 2008 data, the total global economic value of counterfeit and pirated products is as much as $650 billion every year. It found that international trade accounts for more than half of counterfeiting and piracy (estimated at $285 billion to $360 billion), domestic production and consumption accounts for between $140 billion and $215 billion and digitally pirated music, movies and software accounts for between $30 billion and $75 billion.

Computer and Internet Law Updates for 2011-02-02Computer and Internet Law Updates for 2011-02-02