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News Round-Up 1/25/2012

Posted by admin on Jan 25, 2012 8:34:59 AM
Obama Plans New Team to get Tough on China Trade

1/25

President Barack Obama on Tuesday said he was creating an enforcement unit to crack down on unfair trade practices in China and other countries and would beef up border inspections to block imports of counterfeit goods.

"I will go anywhere in the world to open new markets for American products. And I will not stand by when our competitors don't play by the rules," Obama said in his annual State of the Union speech.

For the complete story, please visit Chicago Tribune.

Feds Crack Down on Counterfeit Super Bowl Gear

1/25

NEW YORK (CNNMoney) -- While the Giants and Patriots gear up for the rematch of a lifetime, Super Bowl XLV, federal agents are preparing for one of the biggest sports-related counterfeit busts ever.

U.S. Immigration and Customs Enforcement and other federal agencies seized a record $3.56 million worth of fake Super Bowl-related memorabilia during "Operation Interception" last year. This year, agents expect another major haul, especially given the extreme popularity of the two teams, according to Ross Feinstein, a spokesman for ICE.

For the complete story, please visit CNN.

Traders at Worthing Market Fined for Selling Fake Designer Goods

1/24

Two market traders have been prosecuted for selling counterfeit designer goods.

An inspection of William Wright and Luke Love’s stall at Worthing market in February 2010 by officers from West Sussex Trading Standards led to the seizure of nearly 500 items suspected of being counterfeit.

For the complete story, please visit The Argus.

Contraband Cigarettes Seized by London RCMP

1/24

LONDON, ON, Jan. 24, 2012 /CNW/ - As a result of an investigation conducted by the London Customs & Excise Section of the Royal Canadian Mounted Police (RCMP) approximately 75,000 contraband cigarettes were seized from a residence located in south east London. The brands seized included Canadian, Discount, Putter's, DK's, Sago and Classic. Also seized were contraband cigarettes in resealable plastic bags, Tomahawk Little Cigars, Royal Blend Canadian Tobacco, approximately $2,000 and a vehicle which had been used as a conveyance.

For the complete story, please visit Canada Newswire.

Colchester Crackdown on Counterfeit Spirits

1/23


Video - Alcohol worth hundreds of pounds has been seized from shops at Colchester in Essex in a crackdown on counterfeit spirits. Customs and trading standards officers joined police on raids at several shops in the town.

To view this story, please visit BBC News.















































Topics: In the Headlines, Intellectual Property, Luxury Goods