Executive Search Firm News - Chamber of Commerce & Interpol Combat Counterfeiting

U.S. Chamber of Commerce, Interpol Join Forces To Combat Counterfeiting, Piracy

The U.S. Chamber of Commerce has created a partnership with Interpol, the world’s largest police organization, to combat counterfeiting and piracy across the globe, good news to many executives facing these issues daily.

“The Chamber’s new collaboration with Interpol will allow law enforcement and business to work together to detect and investigate the criminal networks engaged in counterfeiting and piracy globally,” said David Hirschmann, senior vice president of the U.S. Chamber of Commerce. “Counterfeiting and piracy is big business and law enforcement needs the intelligence tools and resources to track down and bring these criminals to justice.”

Commercial losses due to counterfeiting are estimated around $500 billion, according to the U.S. Chamber of Commerce. Twenty years ago, those losses stood at $5 billion.

The partnership will focus on two key areas – Interpol will collect intelligence from businesses and its 186 member countries to analyze counterfeiting and piracy trends; and Interpol will increase the number of staff dedicated to fighting counterfeiting and piracy.

The primary goals of the partnership are to:

• Create a new crime unit dedicated to increasing international law enforcement capabilities
• Combat criminal activity linked to the theft of intellectual property
• Increase the number of investigations-especially those involving organized crime-in Interpol’s four regions
• To improve the exchange of intelligence on counterfeiting and piracy crimes.

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