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Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications. Typically of lower quality, counterfeit goods may pose health and safety risks. Various organizations have attempted to estimate the size of the global counterfeit market. [2]
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 ...
Sells counterfeit and smuggled cosmetics, clothing, electronics and other media products, protected by local authorities. 2022 Palika Bazaar, New Delhi: Physical India: Underground market with large amounts of counterfeit products 2020 [‡ 2] [‡ 3] Tank Road, Delhi: Physical India: Sells counterfeit apparel and footwear 2017
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 ...
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 ...
A notorious market is a website or physical market where, according to the Office of the United States Trade Representative (USTR), large-scale intellectual property infringement takes place. Officially termed Notorious Markets for Counterfeiting and Piracy , the USTR has generated a yearly list of such notorious markets since 2006 with input ...
The Alliance for Gray Market and Counterfeit Abatement (AGMA) is a California-based non-profit organisation of information technology (IT) companies that works to educate and raise awareness on counterfeiting; digital IP protection; service and warranty abuse; and the grey market.
The Alliance for Gray Market and Counterfeit Abatement (AGMA) is a District of Columbia-based non-profit organization of information technology (IT) companies that works to educate and raise awareness on counterfeiting; digital IP protection; service and warranty abuse; and the gray market. The term grey market refers to the sale of branded ...