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SHIELD YOUR ASSETS: COMBAT SPARE PARTS FRAUD FOR EQUIPMENT, BUSINESS, AND CUSTOMERS!

SHIELD YOUR ASSETS: COMBAT SPARE PARTS FRAUD FOR EQUIPMENT, BUSINESS, AND CUSTOMERS!

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By
Alisa Evans
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April 2024
A study conducted by the OECD and the EU Intellectual Property Office (EUIPO) revealed that counterfeit and pirated goods represented approximately 2.5% of global trade in 2019. According to the US Chamber of Commerce, the global economy suffers losses exceeding $500 billion annually due to counterfeit products. These issues pose...