Alicante conference counters billion-euro trade in illegal perfume

THE economic loss of trading illegal perfume is estimated at billions of euros and results in the direct loss of over 50,000 jobs.
Experts at Alicante’s Office for Harmonisation in the Internal Market (OHIM) is hosting a conference of technicians and officials of Europol and Eurojust, along with experienced customs bodies and police investigators to seek improvements in the fight against crime affecting intellectual property.
The sale of counterfeit cosmetics, perfumes and personal care items in the EU deprives sector companies, particularly small businesses and retailers, a significant portion of their revenue and greatly affects employment. With respect to luxury goods such as watches and jewellery, it is estimated that the social and economic impact of counterfeiting is even higher given the size of the sector.
The OHIM conference on how to best form opportunities for collaboration to combat crimes affecting intellectual property was part of a series of similar events in Alicante aimed at various sectors. It was an opportunity to strengthen the operational links between the law enforcement bodies and companies, allowing the chance to also identify areas for potential improvement and find new areas of cooperation in the fight against counterfeiting of cosmetics and luxury goods.

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