More good news in the fight against fakes! The UK’s Intellectual Property Office announced on Friday that it will provide £2.5 million to the City Of London Police to fund a specific policing unit focused on intellectual property crime including online piracy and the sale of counterfeit goods.
Announcing the new IP crime unit, which is expected to be up and running by September, IP Minister James Younger stated; “Intellectual property crime has long been a problem in the world of physical goods, but with the growing use of the internet, online intellectual property crime is now an increasing threat to our creative industries. These industries are worth more than £36 billion a year and employ more than 1.5 million people”.
He added: “Government and our law enforcement agencies must do all they can to protect our creative industries and the integrity of consumer goods. By working with the City Of London Police, who have recognised expertise in tackling economic crime, we are showing how committed this government is to supporting business and delivering economic growth”.
IP protection is imperative for emerging designers in a leading fashion capital like London. We’ve all seen the market traders pedalling their faux McQueen scarves and ‘Channel’ handbags. Wigsandgowns look forward to a stronger police presence in the fight against fakes!