Published on 23 March 2021

Counterfeits are costing Switzerland dearly – a new OECD study concludes

Bern, 23.3.2021 - Buying counterfeits costs consumers huge sums of money. The corresponding trade damages the good reputation of Swiss companies and reduces their turnover by billions each year. As a result, in 2018, Switzerland forfeited over 10,000 jobs. For the first time, a new study by the Organisation for Economic Co-operation and Development (OECD) has provided concrete figures on the issue.