According to the report, an estimated 152 million objects worth around €3.4 billion were seized in 2023 infringing EU IPRs. This is a 77% increase compared to the previous year.
Today, the European Commission and the European Union Intellectual Property Office (EUIPO) published their 2023 joint report on the enforcement of intellectual property rights (IPR) in the European Union (EU). The report provides an overview of the work done by EU customs officials tasked with enforcing IPR and highlights the growing need for continued action against counterfeiters.
According to the report, an estimated 152 million objects worth around €3.4 billion were seized in 2023 infringing EU IPRs. This is a 77% increase compared to the previous year.
Toys and packaging materials are among the items seized in larger quantities.
As the volume of trade, especially e-commerce, increases, EU customs authorities are operating under increasing pressure. Counterfeit products not only undermine legitimate businesses, but also pose a threat to health, safety and consumer protection in the EU.
That is why the Commission has put forward a proposal for the most ambitious and comprehensive reform of the EU’s customs union since it was established in 1968. It establishes an EU Customs Authority, a new EU customs data hub, while equipping EU customs authorities with a stronger regulatory framework and new tools. These measures will facilitate the flow of information exchange and the identification of problematic supply chains, while also enhancing product safety across the Union. A common EU approach will enable a more harmonized enforcement of EU rules and a safer and more competitive single market.
Nikos Andritsos
Source :Skai
With a wealth of experience honed over 4+ years in journalism, I bring a seasoned voice to the world of news. Currently, I work as a freelance writer and editor, always seeking new opportunities to tell compelling stories in the field of world news.