Are people actually getting confused by this? It looks very very different from the recycling symbol. It's a different shape both inside and out, a different color, has a different number of arrows, and the arrows abut. It doesn't look anything the same to me.
Yes. Until about 3 minutes ago, I believed this symbol meant "recycleable", and just assumed that it's another case where producers can't (or don't want to) agree on a single symbol scheme.
Also, anecdotally, I know multiple people who believed (and in some cases still insist) that it indicates recyclability.
Metalized plastic film (as used as packaging for potato chips / crisps) is particularly aggravating because it will often be printed with a green dot but is very rarely recycled, and it effectively poisons the genuinely recyclable material that it is often mixed with.
Presumably you're referring to the Green Dot / Der Grüne Punkt [1]. Its often confused with the symbol that indicates recyclabililty. I'm never sure whether that's intentional or not.
[1] https://en.wikipedia.org/wiki/Green_Dot_(symbol)