HP has joined the Business Action to Stop Counterfeiting and Piracy (BASCAP) Global Leadership Group as part of an effort to fight counterfeiting worldwide.
Formed by the International Chamber of Commerce, BASCAP unites the global business community to more effectively identify and address intellectual property rights issues and petition for greater commitments by local, national and international officials in the enforcement and protection of these rights.
As a group member, HP will support BASCAP’s efforts to connect and mobilize businesses across industries, sectors and national borders, as well as pool resources and expertise, to combat counterfeiting and create a greater critical mass than any single company or sector could do alone.
“The International Chamber of Commerce is extremely pleased to have HP join the BASCAP initiative, especially as counterfeit consumer electronics continue to be a significant international problem,” says Jeff Hardy, BASCAP co-ordinator at the International Chamber of Commerce. “Having HP join with BASCAP members from other industries will help us generate greater awareness for the harms of counterfeiting across sectors and will amplify our message with both policy makers and consumers.”
The Global Leadership Group was created in 2005 as a forum for BASCAP member chief executive officers and other top executives to exchange views and priorities. BASCAP also provides a platform for these executives to work together to address global audiences and communicate directly with national government ministers and officials through personal meetings, letters and international media.
HP has been investing in anti-counterfeiting practices for nearly a decade and has long been committed to protecting its intellectual property.
“The manufacturing and illicit sale of counterfeit products is a global problem that spans across many industries and shows no signs of slowing down, especially during tough economic times,” says Stephen Nigro, senior vice-president, inkjet % Web solutions business at HP's Imaging and Printing Group. “We are eager to exchange ideas, key learnings and best practices with other BASCAP members in an effort to strengthen global anti-counterfeiting efforts.”