The Business Forum -
Fighting High Technology Theft with High Technology Solutions
Fighting High Technology Counterfeiting with High Technology
Contributed by: New Momentum, Inc.
Each year the United States Customs and Border Patrol confiscates
millions of dollars in counterfeit goods. In 2006 alone, products
seized by United States officials totaled more than $155 million.
Unfortunately, even as the agency sees significant growth in the
amount of counterfeit products detained from year to year — 2006
marked an 83% increase from 2005 — efforts to sniff out unauthentic
goods through customs and border patrols are only capturing a small
fraction of a multi-billion dollar problem.
The United States Chamber of Commerce estimates American companies
lose $250 billion in sales every year as a direct result of
counterfeiting and piracy. Even in the face of rising awareness
among consumers and collaborative efforts among government
organizations, the Chamber says the problem is continuing to grow at
an alarming rate.
John H. Hathaway-Bates
President & Executive Director
The Business Forum
Beverly Hills, California
United States of America
email: [email protected]
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