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.
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Feds Crack Down on Counterfeit Super Bowl Gear
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.
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Traders at Worthing Market Fined for Selling Fake Designer Goods
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.
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Contraband Cigarettes Seized by London RCMP
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.
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Colchester Crackdown on Counterfeit Spirits
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.
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