|Local law officials, with the assistance of HP, disrupted the illegal assembly and sale of counterfeit HP print supplies with three raids|
11 January 2022 – Nigerian Police authorities with, the support of HP’s Anti-Counterfeit and Fraud team, have successfully halted three major counterfeiting operations trading illegal HP print cartridges in the Nigerian market.
In July 2021, local Nigerian authorities conducted three major raids on several large-scale counterfeiting premises in the Nasarawa state and the Abuja area. The resulting seizures saw
“Counterfeiting is an illegal activity that not only negatively impacts the business of resellers and distributors but also affects the product experience for our customers. HP Original ink supplies have been developed to consistently deliver high-quality results while ensuring minimal impact on the environment” said Emmanuel Asika, Country Head, HP Nigeria. “We value our longstanding partnership with the Nigerian authorities and the exceptional success of our Anti-Counterfeiting and Fraud Programme in safeguarding our customers from the illegal sale of fraudulent HP products”
Counterfeiting is not only illegal activity, but it also negatively impacts the businesses of both resellers and distributors. A recent study by the Organisation for European Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO) shows that international trade in counterfeit and pirated goods represents up to 3.3% of world trade or as much as USD $509 billion.
In the European Union (EU), counterfeit and pirated goods amount to up to 6.8% of imports or as much as EUR €121 billion. The report also notes that counterfeiting causes companies to lose revenue, leading to direct and indirect job losses, in addition to lost revenue for the government.
Although counterfeit cartridges may look like genuine HP cartridges, they do not provide the high print quality, reliability, and yields that customers have come to expect from original HP products. Instead, using counterfeit cartridges can entail significant risks. These risks can include cartridges that fail prematurely or do not work at all, and even damaged printers due to ink or toner leakages.
Due to their often-poor print quality and necessary reprints, counterfeits are likely to waste valuable resources such as paper or energy. At the end of life, it is unlikely that counterfeit cartridges are recycled. By comparison, more than 875 million Original HP Ink and Toner Cartridges have been recycled by customers with HP Planet Partners, and more than 4.7 billion recycled plastic bottles have been used by HP to manufacture new Original HP Ink Cartridges.
Published on Brandfit.