SOURCE: United States Council for International Business

January 29, 2007 12:00 ET

Global Survey: More Enforcement Needed to Curb Counterfeiting

GENEVA and NEW YORK, NY -- (MARKET WIRE) -- January 29, 2007 -- Global companies say more government enforcement is what is needed most to win the fight against counterfeiting and piracy, according to a new survey unveiled today by the International Chamber of Commerce (ICC).

The first annual BASCAP Global Survey on Counterfeiting and Piracy was conducted by ICC's Business Action to Stop Counterfeiting and Piracy (BASCAP) initiative, in cooperation with the Cass Business School, part of City University, London. The survey polled 48 companies, many of which operate globally, spanning 27 product categories.

"Not only does unfair competition from counterfeiting and piracy worldwide drain billions annually from the 'virtuous circle' of economic growth that intellectual properly generates, but we are particularly concerned about the risks for consumers from unsafe counterfeit products," said Peter Brabeck-Letmathe, chairman and CEO of Nestlé.

ICC is the world business organization, the only representative body bringing the views of companies from every region and every sector to bear upon global policy matters. The United States Council for International Business (USCIB) serves as ICC's American national committee.

Meeting today in Geneva, CEOs and senior corporate officials from four continents discussed the survey results and announced a new plan to step up the fight against counterfeiting and piracy.

When asked which area would yield the best results in curbing counterfeiting and piracy -- legislation, public education or increased enforcement -- survey respondents rated enforcement much higher than the other options.

The survey ranked the best- and worst-performing countries in addressing counterfeiting and piracy. Companies rated the U.S., U.K., Germany and France, respectively, as exemplary. Also among the ten best performers, in descending order, were Japan, Canada, Switzerland, the Netherlands, Singapore and Australia.

On the other end of the spectrum, respondents named China and Russia, respectively, as the two worst-performing countries, followed by India, Brazil, Indonesia, Vietnam, Taiwan, Pakistan, Turkey and Ukraine.

USCIB promotes an open system of global commerce. Its membership includes some 300 U.S. companies, professional service firms and associations whose combined annual revenues exceed $3 trillion. As American affiliate of the leading international business and employers organizations, USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade. More information is available at

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