SGS, the world’s leading testing, inspection and certification company, has published an article looking at the problems surrounding global illicit trade, detailing why their new FIT IPR solution offers a more efficient and cost-effective solution for rights holders.

Fake products cost the global economy USD 4.2 trillion every year. This impacts economies, brands and individuals. Fake products can be lower quality, even dangerous and therefore rights holders need an effective way to beat the counterfeiters, thereby protecting their brands and consumers.

SGS’s Consumer Compact article looks at the problem of piracy and counterfeiting and considers a better way to fight illicit trade (FIT) and protect intellectual property rights (IPR).

Read the original Consumer Compact article, ‘Why Consumers Should Be Concerned About Intellectual Property Rights’ [www.sgs.com/en/news/2021/06/why-consumers-should-be-concerned-about-intellectual-property-rights]

SGS Government and Trade Facilitation Services
SGS offers a comprehensive range of enhanced solutions to help governments and businesses overcome issues relating to trade. Learn more about SGS Government and Trade Facilitation Services. [www.sgs.com/en/connectivity-and-products/government-and-trade-facilitation]

Subscribe here, www.sgs.com/en/newsletters/global/consumer-compact, to receive SGS Consumer Compact direct to your inbox.

For more information, please contact:

Email: [email protected]
Website: www.sgs.com/fit
LinkedIn: sgs-consumer-goods-&-retail

About SGS
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 93,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.