datadotdna.com
Trade in counterfeit goods worsens: OECD
Counterfeited and pirated goods accounted for up to 2.5 per cent of world trade, or as much as $US461 billion ($A603 billion), significantly damaging companies and state coffers, the Organisation for Economic Co-operation and Development (OECD) says. The trade in fake products such as Louis Vuitton bags or Nike shoes has also worsened in the past