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https://theconversation.com/from-fake-medicines-to-watches-counterfeits-are-everywhere-and-getting-harder-to-catch-281525>
"There’s now a vast, rapidly expanding global trade in counterfeit goods:
imitation clothes, shoes and electronics, and even fake cosmetics and
pharmaceuticals.
Some fake products can pose serious health risks to unsuspecting buyers.
Health authorities have warned consumers to “exercise extreme caution when
buying medicines and medical devices online”. These include counterfeit
weight-loss products falsely claiming to contain prescription medicine and
counterfeit Botox vials.
Testing has found counterfeit sunscreens that lack any UV filter, offering no
protection against skin damage.
A recent report tracked customs seizures from around the world. It estimated
the counterfeit trade has grown to about US$467 billion in 2021. That’s around
2.3% of total global imports.
However, the counterfeit market’s true scale is likely far greater, given its
opaque, often illicit nature.
Some consumers actually choose to buy counterfeit goods. But it’s risky. To
avoid being ripped off, here’s what companies and consumers can do."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
