A new study has found that counterfeiters are increasingly targeting small and medium sized businesses (SMBs), which tend to be more vulnerable than large companies.
Customs and Border Protection in the US seized more than 150,000 fake water filters or related parts in dozens of cases nationwide.
The online retail giant says it blocked 10bn listings it suspected of peddling fake goods, before they could be put on sale, and seized and destroyed more than 2m products at its fulfilment centres before they were delivered to consumers.
The initiative, a first of its kind for both Gucci and Facebook, is the latest example of an Internet giant joining forces with a luxury label to fight the proliferation of counterfeit goods being sold via social media.
The global economic value of counterfeiting and piracy could reach $ 2.3 trillion by the year 2023, we need to fight against it!