HP Raids 1.5 million Counterfeits in UAE

HP Raids 1.5 million Counterfeits in UAE

According to al-press.com, HP has seized around 1.5 million illicit items in partnership with local authorities in UAE in the Emirate of UMM Al Quwain.

In December 2021, two vast raids were carried out by local authorities at residential premises which were used as hidden counterfeiting sites, using intelligence gathered by local HP partners, shutting down major sources of counterfeit cartridges for HP printers.

“The sale of counterfeit printer and toner cartridges is a criminal offence, and for sellers and distributors to trade in counterfeits they are committing an infringement of intellectual property. This can have serious reputational repercussions in the eye of the consumer as illicit products can deliver a sub-standard experience and cause damage to hardware. Authentic ink and toner cartridges have been developed to deliver consistent quality results that consumers can rely on,” said Vishnu Taimni, Managing Director HP Middle East & Turkey. “HP is proud of its strong and long-standing partnership with local authorities and partners across UAE, which is leading to some wins in the fight against fraudulent print supplies. The continued success of our ACF programme in the region demonstrates that HP remains committed to protecting customers from illegal schemes.”

Resellers and distributors suffer grave negative effects from counterfeit products. A recent study by the Organisation for European Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) found that international trade in counterfeit and pirated goods represents up to 3.3% of world trade, which equates to USD $509 billion.

The report also highlights the effects that counterfeiting has on losses in revenue for both the government and companies, which can also result in direct and indirect job losses. In the European Union (EU) alone, counterfeit and pirated goods amount to up to 6.8% of imports, as much as €121 billion.

Related:

• HP Raids Over 7000 Counterfeits in East Africa
• Police Raid Fake HP Cartridges in Turkey
• HP Fights Counterfeits in Africa
• Indian Police Discover Fake Cartridge Scheme

Comment:

Please leave your comments below for the story “HP Raids 1.5 million Counterfeits in UAE.”