The Bearing Industry Code of Conduct received global calls to the $50,000 reward for counterfeiting from both inside & outside the Bearing Industry, including many Industrial Magazines eg. 'Purchasing.com' & 'Congoo.com'
The BICC sincerely thanks this overwhelming response and those who requested further details to 'marketing advantages' in fake advertising of Counterfeit bearing claims.
Many email enquiries centred on how the $50,000 can be applied.
The BICC in a serious attempt to clean-up the issue of 'Counterfeit Bearings' again states a Conviction by an OECD Court of Law must be first established, for the record the following Countries are accredited:
OECD MEMBER COUNTRIES
AUSTRALIA, AUSTRIA, BELGIUM, CANADA, CZECH REPUBLIC, DENMARK, FINLAND, FRANCE, GERMANY, GREECE, HUNGARY, ICELAND, IRELAND, ITALY, JAPAN, KOREA, LUXEMBOURG, MEXICO, NETHERLANDS, NEW ZEALAND, NORWAY, POLAND, PORTUGAL, SLOVAK REPUBLIC, SPAIN, SWEDEN, SWITZERLAND, TURKEY, UNITED KINGDOM & UNITED STATES.
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