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27th February 2008
Counterfeit goods harming retail industry
The trade in counterfeit goods is harming the retail industry, potentially costing both small businesses and wholesalers thousands of pounds, experts have revealed.
According to the British Retail Consortium (BRC), a number of consumers buying fake goods could have potentially bought the original if given the option.
Richard Dodd, spokesperson for the BRC, revealed that the problem could be tackled if fake goods were dealt with in a more stringent manner.
He said "In terms of what needs to be done, obviously we back rigorous enforcement. It is the job of local trading standards departments to enforce against rogue traders."
Mr Dodd added: "It's very important, primarily for customers, that [trading standards] do enforce against rogue traders; to make sure that customers aren't buying goods which aren't what they appear to be, and are very likely to be substandard compared to the genuine article - and may actually be dangerous."
Meanwhile, according to the BBC's Money Programme, some 19 per cent of Brits had bought or suspected that they had bought counterfeit.
(c) 2008 Adfero Ltd.
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