In 2004, ICC launched the Business Action to Stop Counterfeiting and Piracy (BASCAP) to combat product counterfeiting and copyright piracy worldwide.
Counterfeiting and piracy
impact virtually every product category. The days when only luxury goods were
counterfeited, or when unauthorized music CDs and movie DVDs were sold only on
street corners are long past. Today, counterfeiters are producing fake foods and
beverages, pharmaceuticals, electronics and electrical supplies, auto parts and
everyday household products. Copyright pirates have also created multi-million
dollar networks to produce, transport and sell their unauthorized copies of
music, video and software.
Millions of fake products are being produced
and shipped around the world to developing and developed markets alike at
increasingly alarming rates. Millions of consumers are now at risk by unsafe and
ineffective products, while governments, businesses and society are being robbed
of hundreds of billions in tax revenues, income and jobs.
The drain on the global
economy is significant and the longer-term implications of the continuing growth
in this illicit trade are enormous. The Organisation for Economic Co-Operation
and Development (OECD) has reported that, "international trade in counterfeit
and pirated products could be up to US$200 billion". Taken together with the
value of domestically produced and consumed counterfeits, the significant volume
of digital and fake products being distributed via the Internet, and the loss of
economic development, harm to health and safety, reduced technology transfer,
and innovation: the total magnitude of counterfeiting and piracy worldwide is
estimated to be well over US$600 billion.
A disorder of this magnitude undermines
economic development, a sound market economy system and open international trade
and investment. No legitimate business or country is immune to the impact of
counterfeiting and piracy and no single actor can successfully fight this battle
alone, which is why the ICC created the Business Action to Stop Counterfeiting
and Piracy (BASCAP).