Counterfeiting - FACTS

• The International AntiCounterfeiting Coalition puts revenue loss to U.S. trademark holders at $200 billion per year.
  
  
• According to the Federal Trade Commission, counterfeiting costs the global automotive parts industry $12 billion a year; $3 billion of that total is in the United States
  
  
• The FTC also estimates that the auto industry could hire 250,000 additional American workers if the sale of counterfeit parts were eliminated.
  
  
• The International Chamber of Commerce estimates that 7% of the world trade is in counterfeit goods and that the counterfeit market is worth $350 billion. In 1982, the International Trade Commission estimated counterfeiting and piracy losses at 5.5 billion - that ballooned to $200 billion in 1996.
  
  
• A National Council of Applied Economic Research (NCAER) study, commissioned by the Automotive Component Manufacturers Association of India (ACMA), said counterfeit auto parts constitute over 37% of the total market size of Indian aftermarket parts.
  
  
• Counterfeiting benefits organized crime and terrorists: The FBI believes the 1993 New York World Trade Center Bombing was financed by counterfeit T-shirts and sports apparel. Product counterfeiting frequently plays a part in the laundering of drug money.