This paper develops five theses to analyze the distribution of economic, social and environmental effects connected with the system of geographical indications (gis). The authors claim that the distribution of benefits for the agricultural sector largely differentiates among European countries (Thesis 1); non-organized outsiders in the region who do not financially support the common pool resource can profit particularly greatly from a gis system (Thesis 2); among gis consortia, those with a clear marketing leadership of a focal supplier profit whereas those with many small suppliers are easier to get pressed by dominant buyers (Thesis 3); the role of public authorities may represent a significant bias in the application phase (Thesis 4) and environmental benefits attached to the gis such as biodiversity preservation are largely overestimated (Thesis 5).