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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 .
In 2016, counterfeiting was a $460 billion industry worldwide, AdWeek reported, citing the International Trademark Association. You probably know that buying counterfeit goods is stealing ...
Unfortunately, that means the erosion of sales in some industries due to counterfeit goods coming into the U.S. will continue. Here are the 10 product categories, in descending order, that lose ...
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 ...
Counterfeit t-shirts at a flea market. A counterfeit is a fake or unauthorized replica of a genuine product, such as money, documents, designer items, or other valuable goods. [1] [2] [3] Counterfeiting generally involves creating an imitation of a genuine item that closely resembles the original to deceive others into believing it is authentic ...
The green goods scam, also known as the "green goods game", was a scheme popular in the 19th-century United States in which people were duped into paying for worthless counterfeit money. It is a variation on the pig-in-a-poke scam using money instead of other goods like a pig. The mark, or victim, would respond to flyers circulated throughout ...
These tactics are all part of the industry’s hope to neutralize the booming counterfeit market, with some estimates asserting that fake fashion and luxury items account for 60% or more of the ...
Pages in category "Counterfeit consumer goods" The following 19 pages are in this category, out of 19 total. This list may not reflect recent changes. 0–9.