The Spanish olive oil behemoth will settle with plaintiffs, paying out $7 million as well as agreeing to change labels and take measures to improve quality.
Italian Food Producers Disagree Over ‘Made in Italy’ Plan
The initiative, which aimed to distinguish genuine Italian products from fake goods and snatch back billions of Euros in lost sales from goods masquerading as Italian products, has caused bitter division among food producers.
The Italian government approved modifications to a draft legislative decree which would have decriminalized penalties for counterfeiting. The new measure provides for new administrative sanctions and introduces a system of traceability.
Police Seize 22 Tons of Counterfeit Tuscan Olive Oil
About 22 tons of olive oil from Apulia and Greece fraudulently sold as extra virgin olive oil IGP Toscano have been seized and fortyseven people are now under investigation for commercial fraud and counterfeiting of IGP olive oil