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EU loses €16 billion a year to fake clothing, cosmetics and toys, EUIPO report finds

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EU loses €16 billion a year to fake clothing, cosmetics and toys, EUIPO report finds


Shutterstock/Dan Kosmayer

Counterfeit clothing, toys and cosmetics cost the European Union roughly €16 billion and 200,000 jobs a year between 2018 and 2021, a new EUIPO report estimates.

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