IP Crime Highlight Report 2013/14
The UK IP Crime Group, founded by the UKIPO, has published an interim report, highlighting its work to date in 2013/14. The main report will follow later in the year.
The report reveals that the Police IP Crime Unit are currently investigating £28,869,991 worth of IP Crime. The top 5 products investigated by trading standards are: Clothing, Cigarettes/Tobacco, Alcohol, Footwear and DVDs.
With links between IP theft & economic performance, the UK's Secretary of State for Business, Innovation and Skills, is reported as saying it has been proven that a 1% rise in IP theft causes 1% fall in GDP . The UK's HMRC keeps £500 billion of imports and exports moving and in 2013/14 detained 21,494 consignments of IPR-infringing goods at the UK border and received 980 Applications for Action from IP Rights holders.
HGF's IP enforcement team is on hand to advise you how best to protect your rights using Customs and Applications for Action.