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Report counts cost of fake batteries

Mon, 02/26/2018 - 12:10 -- John Shepherd
Report counts cost of fake batteries

Counterfeit batteries are costing legitimate manufacturers in the EU around EUR180 million ($221m) in lost business every year, according to a new report.

The study, from the European Union Intellectual Property Office (EUIPO), said counterfeit batteries mostly affect the vehicle sector, but are also found in the mobile phone market.

 

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