VDMA7.3 billion euros in losses due to product piracy
Product piracy and know-how theft continue to cause considerable damage to German machine and plant manufacturers. China remains the biggest counterfeiter by a wide margin. The VDMA presented the latest figures on this at the Hannover Messe 2018.
© VDMA
Two thirds of companies defend themselves in the event of plagiarism: the method of choice is usually to enforce the applicable rights first out of court and then under civil law. However, more than a third of the companies affected take no action at all. The latter applies above all to ...