The Notorious Markets List’s 2023 issue focus section examines the potential health and safety risks posed by counterfeit goods. The section describes how counterfeit goods are often made of lower-quality materials and are manufactured outside of regulatory oversight or product safety controls, leading to substandard, ineffective, and often dangerous products.
Enforcement
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The European Commission has just published two reports showing that industry-led memoranda of understanding have been a useful tool in addressing the online sale of counterfeit goods and preventing the placement of ads on websites infringing intellectual property rights.