Just a Minute27 Jun, 2013 By: David Gibbons
Wanting to further inform our imageSource readership on the latest happenings and office technology trends in Asia/China, David Gibbons of Recycling Times Media will regularly enlighten us on current news as well as his opinion on developments in this region regarding the office technology industry at large.
“We Are Not Amused”
I was interested to see the queen of England take a stand on the sale of fake products recently. The “we are not amused” tone was apparent as she addressed the full British Parliament. She turned 87 in April and in just two more years she will become the longest reigning monarch (the title is currently held by Queen Victoria—her great, great grandmother). She supports new laws that would see those trading in counterfeits, jailed for 10 years.
On the other side of the Atlantic, U.S. Attorney General Eric Holder has gone on the public record stating, “Intellectual property crimes are not victimless. The theft of ideas and the sale of counterfeit goods threaten economic opportunities and financial stability, suppress innovation and destroy jobs.” Counterfeit products are often produced in violation of basic human rights, and support terrorist groups, drug cartels, people smugglers and street gangs.
Almost every week now, somewhere in the world, I read news of counterfeit printer cartridges being seized by local authorities. It seems cartridges have joined the list of fake commodities including cigarettes, pharmaceuticals, eyewear, clothes, shoes, handbags, watches, perfumes and wine.
According to the Imaging Supplies Coalition the global loss to counterfeiting imaging consumables is between 3.5% and 5% of total revenue. That is equivalent to US$4 billion each year. It not only affects the OEMs, but also the legitimate remanufacturing market.
The Coalition’s president, Allen Westerfield, will soon share the scope of the problem with OEMs and remanufacturers at an upcoming meeting at the Holiday Inn in Zhuhai on October 16 (see conference details at http://www.irecyclingtimes.com) to help seek a joint strategy to attack this problem.
We are not amused—a quote often attributed to Queen Victoria—was visible on Queen Elizabeth’s face. As it should be, and ours. Work side by side with the OEMs to rid this scourge from our planet.
David Gibbons is an Australian who has been a school principal, TV and radio broadcaster, and has also run his own imaging supplies business. He is currently based in Zhuhai China as a Director of Recycling Times Media in publishing, broadcasting and events.