Showing Archived Posts

Europe Seized $1.4 Billion in Counterfeit Goods Last Year

Posted July 14th, 2011 at 6:10 pm (UTC-5)
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The European Commission says the continent’s customs officials last year seized more than 100 million pieces of fake goods that could have earned about $1.4 billion if sold as authentic products. In an annual report issued Thursday, the European Union’s executive body says China was the source of 85 percent of the fakes. Substantial quantities […]

US Senators: China Blocking Inquiry into Counterfeit Parts

Posted June 14th, 2011 at 1:21 pm (UTC-5)
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Some leading U.S. lawmakers are accusing China of hampering an investigation into counterfeit electronics that ended up in U.S. weapons systems. Senate Armed Services Committee Chairman Carl Levin and Senator John McCain spoke to reporters at a news conference in Washington Tuesday. They said China has so far declined allow the committee’s staff members to […]

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