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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 .
Counterfeit seizures on the rise. There are many reasons why counterfeit items slip through the cracks. Big platforms like Amazon sell a diverse range of goods from vitamins to clothing to ...
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 counterfeit goods include numerous things such as labels, stickers, wrappers, charms, cases, tags, and patches. Originally under the act, the penalty for being convicted for trademark counterfeiting was a fine up to $100,000 and a prison sentence of up to five years plus paying attorney fees to the trademark owners.
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 ...
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The Department of Justice (DOJ) seized counterfeit goods worth about $1.03 billion and charged two people with trafficking in fake merchandise. The U.S. Attorney’s Office for the Southern ...
With the growth of e-commerce, brand protection activities need to increasingly take place online. Online brand protection software monitor the Internet and help identify the websites that are likely to sell counterfeit, propose grey market goods, or misuse the brand and its attributes. [7]