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Surge in cocaine supply in Europe as gangs ‘uberise’ the trade through social media

A SURGE IN the supply of high-purity cocaine to Europe has meant an increase in violence and drug-related homicides, as the use of new technologies ”uberise” the cocaine trade, according to a new report.

The EU drugs agency report indicates that Ireland has one of the highest prevalence of cocaine use in Europe, along with Denmark, the Netherlands, Spain and the UK.

The report found that use of “novel” technologies such as encrypted communication apps, the darknet, social media, and cryptocurrencies have played an important role in enabling smaller gangs and “entrepreneurs” to engage with cocaine dealing, with a perceived less risk. 

“These new methods, reflecting an ‘Uberisation’ of the cocaine trade, are clear
signs of a competitive market in which sellers have to promote additional services beyond the product itself, such as fast delivery anywhere at any time,” the report said.

The faster, any time, any place delivery services have changed the nature of cocaine dealing, as social media is used to promote cocaine and other drugs with “the aim of reaching as many potential consumers as possible – keeping prices lower too.

The smaller organised European crime gangs operating in local markets, as opposed to larger structured crime syndicates, has caused cocaine to become a modern-day commodity.

The involvement of European crime gangs has meant new entry points into Europe have emerged. Traditional trafficking hubs such in Spain, the Netherlands, and Italy are helped by ports and airports in France, Belgium and Germany, but the report states that this may just be the “tip of the iceberg”.

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Source: Adam Daly,The, 14/12/18 

Posted by on 12/14 at 01:46 PM in
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