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Another EU Fake Bearing Conspiracy in Bulgaria

Resource from:  Bearing Industry Code of Conduct Likes:3334
Mar 13,2012
Since 2006 the Bearing Industry Code of Conduct has written many articles on raids, claims and various conspiracy theories about Counterfeit or Fake Bearings. The bearingcode confirms that every fake bearing report issued by Bearing Manufacturers, none are verified or substantiated by an independent or legal authority. The bearingcode is always prohibited to visit manufacturers premises to inspect or be given information by SKF or Schaeffler other than a press release issued to global media agencies. There is no evidence; *No Police reports *No Criminal charges for corruption *No Civil charges for violation of Intellectual Property *No Alleged identities either Corporation or Persons *No Address details of claim & raids *No Magistrates search warrants *No Court Listing *No Prosecutors *No Defense Lawyers We have concluded that Claims of 'Counterfeit or Fake Bearings' issued by bearing manufacturers or their media associates are False,Fraudulent, Misleading and Mischievous. - Known advantages of 'Fake Bearing' claims results in FREE global media coverage of 'SKF' 'SCHAEFFLER' and those bearing corporations and distributors willing to participate in this racket. - The bearing manufacturers who do not participate in this type of corruption have; no free media coverage, no course of redress and the stigma of offensive behavior in Counterfeiting. The recent claim of Counterfeit bearings and photos from Bulgaria appear the same false & misleading hallmarks. Therefore,unless evidence containing those listed above are produced, then it should be treated as another game by 'SCHAEFFLER' The European Union Commissioners are currently investigating allegations of anti trust behavior by EU bearing manufacturers, the latest Bulgarian 'fake bearing' claims will not interfere with their proceedings, but may enhance investigations. Its strange that all big claims of 'Counterfeit Bearing' raids appear in Europe; is this a lack of Transparency and Accountability or the coincidence that major bearing manufacturers HQ are EU based; Why not in USA or elsewhere ? Perhaps its now time for a management change in bearing Board Rooms, as potential heavy fines and jail terms will cost bearing brands and the general bearing industry to fall from grace. Ian McPherson - President www.bearingcode.com
(Bearing Industry Code of Conduct)
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