Related Literature On Counterfeiting

As globalisation brings in new and various products, counterfeit goods also spread quickly. This has a negative influence on local retailers and trademark owners by taking away part of their local market share, taking advantage of the designs of a brand’s

Totally contrary to enthusiastic claims that fake handbags and other counterfeit goods are indistinguishable from the originals, in fact these knock-off products typically leave a lot to be desired. The real items are usually individually handmade from the best materials using only the most perfect stitching, while fakes are mass produced. In addition, the counterfeit industry is tied to the globalization of organized crime, so the money people spend on forgeries while being pleased at their savings ends up in the pocket of a thief at best, and the mob, terrorists, or drug cartels at worst. In short, even if cultural relativism is taken into consideration, it is difficult to say that counterfeiting actions are in any way going to improve the

Counterfeiting is quite the popular industry. That is, it seems as though almost everyone has a counterfeit good these days, or at least a friend or family member does. These unique booths are constantly crowded with people just dying to get the best deal on a knockoff item so they can show it off to their friends as the real thing. However, these people don’t realize the actions they evoke when they support these industries. Most counterfeit industries rely on child labor and human trafficking to

Counterfeit products can directly damage the brand and cause considerable damage to customer confidence their brand. This case lead to a negative image for PUMA and It can affect the company continued development. PUMA is a popular brand in the world and they produce a high quality product. But the counterfeit product produce the product is very low quality and the price of counterfeit product is very expensive compare with the PUMA. This case will affect PUMA sales and damage image PUMA

Shoppers venerate appurtenances over principles and kin. As we have already mentioned, consumers change their personalities like any addictive person. Thereupon they weaken family relationships and communication; and their behaviour is dysfunctional. Families perform a substantial role in the society: they consist on units whereby society citizens are born and grown up. Furthermore they work out as great support when their members go through arduous times. In spite of the fact they should be given importance, frequently people abandon families or even friends since they do not get the backing they require. Moreover families transmit values, habits and principles: these entities must pass on ideas and personal beliefs about what is significant and what is not, what is right or wrong; a set of values they think are

Counterfeiting does not only happen in the United States, but in other parts of the world as well. Jills Jusko reported that “back in 2006, more than $155 million in counterfeit goods were seized by the U.S government. The goods came from China, 81%, Hong Kong, 6%, Taiwan, 1%, Pakistan, 1%, Korea, 1%, and from other places, 10%” (2007). This causes a negative economic effect

Materialism is a main focus in today’s society. The average person is highly materialistic. Inside “The High Price of Materialism” written by Tim kasser he found many psychological aspects connected to materialistic consumerism. Kasser associated that psychological aspects, such as the things people view as valuable, characteristics and personal desires imply with materialism.

Consumerism has been defined idea of expressing oneself through the purchase of certain products. In other words, consumerism is the tendency to associate oneself to type of goods we purchase. It is believed that the ability to consume or rather purchase goods and services offer freedom and modes of self-expression. Consumerism is conspicuous in the USA. Americans often purchase certain goods to build their identities. They have certain preferences towards certain materials. For example, they have several options concerning the car to buy, the clothes to buy and the type of smartphone to buy. However, the only area where Americans do not have much choice is fuel.

Treadwell, J. (2011). "From the car boot to booting it up? eBay, online counterfeit crime and the

Ten years ago, it was easy to walk into a store and find fake or knockoff products. Today, it’s much harder to find people and businesses that are selling counterfeit products.

Also materialism affects people in expenses. If two brands are both efficient, the leading name brand will attract customers more primarily than the other. With that being said, the leading brand is usually more expensive than the next brand. But still, we spend more money on the brand that is more costly. What we hear through advertising, and others around us is more attractive because we are told that the higher the price the better the quality which is not true in many cases. “materialism” is an idea that states the role in building a society is measured in technological and economical factors. This promotes that all exist in a physical matter, that possession fills our human need.

Gil, L., Dwivedi, A., & Johnson , L. (2017). Effect of popularity and peer pressure on attitudes toward luxury among teens. Young Consumers, 18(1), 84-93.

Most of us have heard or had change to partake in the globalization process wherein replicas of the original, more expensive product is sold for a much cheaper price. Some call them “fakes”, but the term is more formerly known as counterfeit goods.

Counterfeiting has been an issue for as long as human beings have traded and sold goods. In recent years, trends in the global market place have continued to go down a path where counterfeiting and other intellectual property law violations are becoming more and more prevalent. How does counterfeiting affect the U.S. economy, and what effect can it have on national security?

TCOs play a key role in the production and distribution of counterfeit products and engage in this activity because it produces high profits comparable to other illicit activities such as drug trafficking but with a greatly reduced risk for prosecution and penalties associated with these types of crime. Evidence has been gathered to prove that numerous well-known TCOs from such countries as Italy, Japan, and Hong Kong have engaged in the counterfeit products business with a direct link to other illicit activities from these groups such as money laundering. Many of these TCOs have the tactics, techniques and procedures to manufacture, distribute, and sell counterfeit products on a global scale through their other illegal activities such as drug,