PARIS, June 4: The value of global counterfeited goods traded in 2005 was at least $200 billion and could be several hundred billion dollars more, the Paris-based OECD estimated on Monday.
The multilateral economics body, which has 30 member countries, released details of an 18-month probe into counterfeiting and piracy worldwide that aimed to shed light on the shadowy business of bootlegs and fakes.—AFP