FARNHub
Food Authenticity Research Network Hub
| Title : | Food industry ‘$49bn opportunity' for fraudsters |
| Author(s) : | |
| Source : | FoodQualityNews.com |
| Year : | 2016 |
| Link : | http://www.foodqualitynews.com/Industry-news/Online-counterfeiting-should-not-be-underestimated-NetNames?utm_source=AddThis_twitter&utm_medium=twitter&utm_campaign=SocialMedia#.WECVRH8KPJc.twitter |
| Country : | World |
| Commodity: | All Food |
| Abstract: | Brands cannot afford to underestimate the risk of online counterfeiting, according to NetNames. The online brand protection company found sophisticated fraud exploiting the digital world. The largest counterfeit markets are pharmaceuticals ($200bn), electronics ($169bn) and food ($48bn), according to Cebr reserach. |