Counterfeit

INTRODUCTION Counterfeit goods are fake imitations and replicas of products carrying a brand name (Phau & Teah, 2009). These goods may include luxury brands from the fashion industry, electronics, software and pharmaceuticals. Usually these products are of a lower quality as compared to the original. Companies struggle to protect their goods from being copied since their name, logo, ideas and designs are copied and sold cheaply in the market. This is unethical and illegal (Chaudhry&Stumpf,2011).

marketing raserach | Consumer attitude towards the counterfeit products | Marketing plan | | | 9/1/2011 | Summary: We acknowledged in this paper the background of counterfeit products ,the problem statement, hypothesis, objectives of this study, research questions, and the importance of this study. Moreover, as well as for the reasons that were carried out, this all provides a clear vision for the readers of what the study about and in what ways it was done. However, more important is

INTRODUCTION. The trade of counterfeit pharmaceuticals is a lucrative business with low start up costs. It is growing very fast and has become a worldwide issue. According to the BMI Healthcare Report 2015, in 2013 alone 3.6 million units of counterfeit medicines were seized. They were valued at COP 2,200 million which is approximately $ 921 million. Counterfeit pharmaceuticals continue to represent up to 40% of the total pharmaceutical market in Colombia and police and customs agencies have spent

Counterfeit medications are unsafe and a treat to people around the world. The use of the medications can cause harm to both the body and society. It is important that the consumers are educated about counterfeit mediations. Most people who purchase counterfeit medication may not understand that laws are being broken. Drugs are unlawfully and consciously being made to resemble the FDA (Food and Drug Administration) approved drug. Sellers are infringing on the companies Intellectual Property (IP)

people and businesses that are selling counterfeit products. E-Commerce sites, such as Amazon and E-bay have helped create millions of such stores online, which is why it’s so hard to check for fakes. One storefront gets shut down and another one opens. Amazon has made it extraordinarily difficult to enforce against counterfeit products. The problem isn’t just limited to Amazon though. E-bay, Walmart.com, and Newegg have also been accused of selling counterfeits. All of the companies say they have

2nd ECOFIN Kingdom of Belgium Counterfeit Goods in the Global Market Reducing the Frequency of Counterfeit Goods in the Global Market Introduction Despite counterfeit goods’ deceiving social perception, the act of manufacturing and the buying of counterfeit goods or copied products is highly destructive to the overall function of the global economy. On account of its appeal to those looking for a low risk, high profit system, many get involved in the distribution of illegal goods through source

Everyone has seen the sidewalk vendor hawking a too good to be true designer handbag. The clues to counterfeit luxury items used to be so obvious that most people knew exactly what they were buying. This sadly is no longer the case. The production of counterfeit items causes American manufactures to suffer about $200 billion in losses each year according to the International AntiCounterfeiting Coalition (Freedman, 1999). A large part of counterfeited items are fashion goods. They are usually easily

(IP) and how does counterfeit merchandise impact the U.S. economy? The Intellectual Property (IP) is basically the idea or fabrication of one’s thoughts. These types of properties can range from paintings, novels, music, and films to trademarks and inventions. Those that created these items have rights guaranteed to them and that those rights are protected unless compensation is made to the creator for the use of their idea. Illegal businesses and individuals manufacture counterfeit products that can

Counterfeits medicines has spread like wildfire across online shops and unauthorized pharmacies. According to the data that given from World Health Organization(WHO), they estimated that 10 to 30 percent fake medications products are now conquered marketing all over the globe. Eventhough, Malaysia that known as a country that have good system of laws also undergo this serious case when there three to five percent from the medicines that are sold in the country are counterfeit medicines. The identical

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