Counterfeit products
| Published: 21st April 2008 15:40 |
Counterfeit products - Combating Grey Imports
With an estimated £30 million worth of counterfeit electrical products reaching the UK annually, combating the devious 'masterminds' behind them is a serious issue. The manufacture, distribution and retailing of counterfeit electrical products - 'copy cats', forgeries, grey imports - is an insidious, sizeable 'business'.
The consequences of counterfeit electrical accessories entering the supply chain are damaging. Loss of revenue and reputation for manufacturers. For consumers it's safety - these inferior quality products could cause fires, explosions, injuries/fatalities. While reputations of electrical wholesalers, contractors and specifiers are at stake if counterfeit products not meeting the required standards are supplied/installed
Did you know...?
The total value of online shopping transactions increased by 358% from 2001 to 2006 (rising from £6.6billion in 2001 to £30.2billion in 2006).
Did you know...?
20% of all shopping is now done online
Informatiion supplied by Nottinghamshire Police.
Site Editor comment
The above information has been posted onto the NG9 website to alert site visitors of the increasing problem of counterfeit products and to stress the need to be vigilant when buying products on line.
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