Legal Blog

Friday Factoid – 8.24.12

The cost of one product adulteration or counterfeiting incident averages between 2 and 15 percent of yearly revenues, depending on company size; this could translate to a $400 million impact for a large company, or a $60 million impact for a small company. Source: Grocery Manufacturers Association and A.T. Kearney, “Consumer Product Fraud: Deterrence and Detection”, January 2010