Counterfeits are costly – it’s estimated that the global economy lost $323 billion on counterfeits in 2018 alone, and that’s just the monetary cost. Counterfeits can also be deadly, especially where medications or supplements are concerned. Piracy and knockoffs are slightly different from counterfeits, though they can do just as much damage. Counterfeits have also come up in regards to the trade war. Learn how counterfeits undermine brands and the greater economy from this infographic.
Source: Best Choice Reviews