Threats across various industries
According to a study by the auditing firm Ernst & Young, every 4th German uses cheap imitations, at least occasionally. The United Nations estimates that sales generated by counterfeit goods amount to over EUR 200 billion annually. These figures alone illustrate the scope of product piracy and the problems this causes for the affected companies, in almost all industries, not only manufacturers of luxury goods.
For many years now, we have been assisting clients in their fight against product piracy. We were one of the first law firms to file border seizure applications and to work closely with customs and law enforcement authorities.