Product and online piracy have reached unprecedented levels globally. The digitalized online world in particular has opened the door to greater acts of piracy.
Entrepreneurs and companies have been losing vast sums. New approaches are required to adapt to changes in the supply chain. This page collates recent DW content on the subject.
Over the past ten years, acts of piracy in the Gulf of Guinea have risen steeply. West African pirates frequently hijack oil tankers for their cargo. Much like their Somali counterparts, they also kidnap the foreign crews for ransom. We hear the stories of crew whose ship was hijacked off the coast of Nigeria in February.
Counterfeiters often sell their goods at lower prices, closing off competition and leading to losses for authentic manufacturers. That’s why customs officers at the Ambiente Consumer Goods Trade Fair in Frankfurt are cracking down on product piracy.