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April 18, 2024

The Economic Cost of IPR Infringement in the Tires and Batteries Sectors

It is estimated that 2.2 billion euros are lost annually by the legitimate industry due to the presence of counterfeit tires in the European Union marketplace and 180 million euros are lost annually due to counterfeit batteries, corresponding to 7.5% and 1.8% of the sectors sales, respectively. Learn more in this study from the EU Intellectual Property Office.