Counterfeit Goods Current Affairs, GK & News

What is ‘Project Zero’ introduced by Amazon in India?

To block selling of counterfeit goods on its platform, e-commerce giant Amazon has introduced ‘Project Zero’ in India, in a bid to ensure that customers receive authentic goods when shopping on Amazon. What is ‘Project Zero’? It introduces additional proactive mechanisms and powerful tools to identify, block and remove counterfeits. More7,000 brands have already enrolled ..

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Counterfeit, Pirated Goods and Global Trade

The assessment  by EU Intellectual Property Office (EUIPO) and the Organisation for Economic Co-operation and Development (OECD) carried out based on data from almost half a million customs seizures by international enforcement agencies highlights the following: Global sales of counterfeit and pirated goods have increased to USD 522 billion a year, amounting to a whopping 3.3 per ..

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