The internet has made it easier to sell counterfeit or fake goods.In fact, trade in counterfeit and pirated goods has grown from $250 billion annually in 2008 to $461 billion in 2013, according to a 2015 report from the Organization for Economic Co-operation and Development (OECD). In fact, the international organization that promotes economic development estimated that fake goods make up more than 2.5% of all world trade.That's a stunning number, and law enforcement has struggled to keep up, according to a 2015 Consumer Reports study.
Ebay Takes A Small Step Toward Fixing The Internet's Huge Counterfeiting Problem
newsfeedback@fool.com (Daniel B. Kline), The Motley Fool
Thu, 10/19/2017 - 4:09am
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