Why consumers buy fakes
Interview with Alona Borzhemska, Chief Commercial Officer at DomainCrawler. Prepared for the report produced for Scamadviser
Trade in counterfeit and pirated goods has risen steadily in the last few years, even if overall trade volumes have not necessarily increased in parallel. This now accounts for as much as 3.3% of global trade, according to the OECD and the EU’s Intellectual Property Office.
Although it's hard to estimate accurately, the value of imported fake goods worldwide based on customs seizure data likely exceeds USD 500 billion, or 3% of world trade. For the
