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Counterfeit consumer goods are goods illegally made or sold without the brand owner's authorization, often violating trademarks. Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications .
Manufactures counterfeit goods, not listed in 2017 report 2016 2017 [‡ 6] [‡ 7] Cheng Huan Cheng International Auto Parts Market, Beijing: Physical China: Unknown Sells counterfeit car parts, not listed in 2017 report 2016 2017 [‡ 6] [‡ 7] Hongqiao Market, Beijing: Physical China: Unknown Sells various counterfeit goods, not listed in ...
The Customs and Border Protection agency, which is in part responsible for enforcing intellectual property rights and upholding trade laws, seized $3.33 billion worth of counterfeit goods in 2021 ...
“The dangers of buying counterfeit products aren’t always obvious,” notes U.S. Customs and Border Protection (CBP), which seizes all manner of such goods in its role as an agency of the ...
Chinese businesses often produce goods tailored to market expectations; therefore, Chinese products generally may lack quality [7] when consumers prefer to pay a low price. Many companies and businesses also lack capital, industry expertise, and marketing power, leading to their manufacturing of counterfeit products.
According to the Department of Homeland Security, fraudulent goods are a $509 billion international criminal enterprise. Michael Hanson, senior executive vice president of the Retail Industry ...
There is also a similar scam where a low value item is ordered on a site such as AliExpress, and shipped to a different address in the seller's ZIP code in place of a return. Some merchants may provide a refund upon seeing the item delivered to the same ZIP code; however this is generally used by fake online stores when selling items.
According to the agency, "The theft of intellectual property and trade in fake goods threatens America's economic vitality and national security, and the American people's health and safety.
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