P9.3-B counterfeit goods destroyed

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THE Intellectual Property Office of the Philippines (IPOPHL) and the Bureau of Customs (BOC) destroyed P9.3 billion worth of counterfeit goods in a warehouse in Cabuyao, Laguna on Wednesday. The goods consisted of various items ranging from shirts, shoes, toys, electronic products and food seasonings. IPOPHL Director General Josephine Santiago said that aside from intellectual property rights violation, these counterfeit goods are either unsafe or substandard, posing danger to the health and safety of consumers. In 2014 and 2015, the Philippines was removed from the United States Trade Representative (USTR) Special 301 Watch List, which implies that the country has adopted a holistic approach implemented by the government in curbing counterfeiting and piracy.

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