Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-316-125"

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"en.20120703.18.2-316-125"2
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"Intellectual property rights are of fundamental importance for innovation and, therefore, for growth, because businesses must be able to rely on receiving a financial return on the investment that they make in developing and manufacturing a new or improved product. The growing number of violations of the law and the increase in international trade in products that infringe intellectual property rights mean that a large proportion of the economic growth and jobs in the EU depend on intellectual property rights being properly enforced. The estimated annual cost of counterfeiting and piracy for European businesses is around EUR 250 billion. Alongside the negative consequences for businesses and their employees, there is also a significant risk to the health and safety of consumers. In 2010, a total of 14.5% of the items that were confiscated were goods that represented a potential danger for the health and safety of consumers, such as foods, toiletries, medicines, household electrical goods and toys. The customs authorities are in a relatively strong position when it comes to confiscating counterfeit products before they reach the internal market. However, once these products are inside the European Union, it becomes much more difficult and more expensive to remove them from the market. From a consumer perspective, the report is too stringent. It would be better to focus on effective education in this area rather than turning consumers into criminals right from the start. Therefore, I have abstained from voting."@en1

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