3 sources·Business

Mexico Launches Nationwide Crackdown on Counterfeit Goods

Authorities raid 'Mexico Mart' in Mexico City, seizing over 262,000 counterfeit products, pledging a nationwide crackdown on fake goods.

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Updated: Nov 29th, 2024, 6:25 PM ET

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In a significant operation, Mexican authorities conducted a raid at Mexico Mart, seizing over 262,000 counterfeit products, including imitations of popular brands. The crackdown targets the influx of counterfeit goods from Asia, with Economy Secretary Marcelo Ebrard stating efforts will extend nation-wide to curb illegal imports and promote local manufacturing. Officials have indicated that the seized merchandise was intended for local markets, particularly for street vendors. This operation follows previous raids and signals Mexico's commitment to addressing counterfeiting issues amid fears of international trade impacts.

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