ACTA - What is it, and why should the creative industries be supporting it?
21st March 2011
Counterfeiting is a growing problem in the EU - The amount of counterfeit goods entering the EU tripled between 2005 and 2010. More than 103 million fake products were detained at EU borders in 2010 and the EU economy is currently losing €8 billion annually.
The EU Anti-Counterfeiting Trade Agreement (ACTA) does not introduce any new laws, but concerns procedures and measures to enforce existing rights, and current UK legislation is already fully compliant.
This will help UK businesses operating globally to act against large-scale infringements of their IP rights, often pursued by criminal organisations, and deals with practical issues such as:
- what urgent protection a rights holder may obtain.
- what kind of evidence will be collected.
- what happens to fake goods once seized.