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Toll of counterfeiting and piracy predicted to top $2.3 trillion as call made for governments to do more
New research estimates that the global economic value of counterfeiting and piracy could reach $2.3 trillion by 2022, with job losses totalling in excess of 5 million. The research provides important data to policymakers. The challenge now is to ensure that they pay heed to it. The report, The Economic Impacts of Counterfeiting and Piracy, was