Counterfeiting and Piracy Risks during COVID-19 - Courtesy of BASCAP

Counterfeit and pirated products are being produced and consumed in virtually all economies of the world, and there has been an alarming expansion on the general economic and social damage incurred as a result. Few sectors can claim to be spared from the counterfeiting phenomenon. Trade-in fake goods, which infringe on trademarks and copyrights, harm companies and governments alike. The International Chamber of Commerce (ICC) shares a guide to managing counterfeiting and piracy risks in the COVID-19 era.