IN 4 YEARS HP CONFISCATED 47.2M UNITS OF COUNTERFEIT PRODUCT

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Date: Monday December 27, 2010 09:33:58 am
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    http://www.theepochtimes.com/n2/index2.php?option=com_content&task=view&id=47832&pop=1&page=0&Itemid=1

    IN 4 YEARS HP CONFISCATED 47.2M UNITS OF COUNTERFEIT PRODUCT
    Hewlett
    Packard Co. (HP), the leading printer and computer maker, has uncovered
    a record amount of counterfeit printing supplies since its
    anti-counterfeiting program began in 2006, the company said this
    week.Surveys and research sponsored by HP demonstrates that almost half
    of corporate management with purchasing power for their companies had
    bought counterfeit HP ink and toners.Furthermore, counterfeiting
    policies were absent from the workplace and not prioritized to be a
    concern for management among customers, HP said. However, respondents
    from Europe and the Middle East predominantly agreed that the production
    and sale of counterfeit goods were detrimental for society (88 percent)
    and the use of such products contributed significantly to unemployment
    and reduced tax revenues (78 percent).

    “What is particularly
    disconcerting about the research findings is that some businesses seem
    to patronize and sustain the production of counterfeit goods, which even
    they recognize as having harmful consequences for society,” said Tina
    Rose, HP Anti-counterfeiting Marketing Program Manager for Europe,
    Middle East and Africa (EMEA), in a statement. “It is encouraging to
    note though, that those who avoid counterfeit products, do so knowing
    that the quality of fakes is often deficient and the best experience
    comes from original products. We will therefore continue to inform
    clients throughout the region about the negative consequences that
    counterfeits can entail.”Globally, over the last four years, HP has
    conducted 4,723 investigations in 88 countries resulting in 3,733
    enforcement actions (raids and seizures by authorities) confiscating
    over 47.2 million units of counterfeit products and components.
    Investigations and actions have occurred on every continent except
    Antarctica.

    According to the Business Action to Stop
    Counterfeiting and Piracy, the estimated market for counterfeit
    merchandise is $750 billion globally. The Imaging Consumables Coalition
    of Europe, Middle East and Africa indicates that there’s an 8 percent
    counterfeit rate in the market for printing consumables in
    EMEA.Traditionally, printer suppliers sell printers at a low margin and
    recoup their profits from sales of toners, ink cartridges, and other
    accessories.

    http://www.theepochtimes.com/n2/index2.php?option=com_content&task=view&id=47832&pop=1&page=0&Itemid=1

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