Half a trillion dollars.That the rough amount of money that counterfeiters displaced last year by selling phony products.
Some 2.5% of all trade is for fake goods.The United States is hit hardest by the scourge of counterfeit products — U.S.
brands accounted in 2013 for 20% of the world infringed intellectual property.When most people think about counterfeiting, they think of knock-off Louis Vuitton handbags sold on the sidewalk.
But fake products also include business and enterprise products, as well as everyday consumer goods.