Digital Revolution and Illegal Trade: is Europe on the leading edge?

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Series Details No.413, November 2016
Publication Date 28/11/2016
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The European Union, the leading trade force in the world, is facing a constant rise in product smuggling and counterfeiting. The rise of illicit trade sets a triple challenge: a health challenge, with the dangers caused by counterfeit products; a security challenge, with illegal trade contributing to the funding of crime and terrorism; and a financial challenge with the loss of tax revenue. The fight to counter illicit trade demands a series of political measures. It also required a technological response, with the introduction of innovative, modern product traceability and authentication systems that can secure supply chains.

Source Link http://www.robert-schuman.eu/en/european-issues/0413-digital-revolution-and-illegal-trade-is-europe-on-the-leading-edge
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