International Chamber of Commerce, “Estimating the Global Economic and Social Impacts of Counterfeiting and Piracy” (2011)
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International Chamber of Commerce, “Estimating the Global Economic and Social Impacts of Counterfeiting and Piracy” (2011)

A report commissioned by the International Chamber of Commerce estimates that, based on 2008 data compiled by the Organisation for Economic Co-operation and Development (OECD), the total global economic value of counterfeit and pirated products is as much as $650 billion every year. Moreover, the extent of the problem is expected to grow, in large…