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Food counterfeiting is a serious threat in Europe, especially for countries with a high number of trademark products such as Italy. In 2005, EU customs seized more than 75 million counterfeited goods, including foods, medicines and other goods, partly due to Internet sales.
At least "wilful trademark counterfeiting or copyright or related rights piracy on a commercial scale" should be punishable under criminal law. According to European Digital Rights, the article "provides an extremely low threshold" when considering that the scope includes "acts" and because consequences for infringement can include criminal ...
All trademark acts after the 1870 one, including the 1881 Trademark Act and the 1946 Trademark Act (The Lanham Act), make no mention of the trademark counterfeiting provision of the 1870 act. [ 3 ] By the 1970s, counterfeiting was costing U.S. companies billions of dollars, upwards of $100 billion in the years leading up to the Trademark ...
Trademark law protects a company's goodwill, and helps consumers easily identify the source of the things they purchase. In principle, trademark law, by preventing others from copying a source-identifying mark, reduces the customer's costs of shopping and making purchasing decisions, for it quickly and easily assures a potential customer that this
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 ...
An example of a counterfeit product is if a vendor were to place a well-known logo on a piece of clothing that said company did not produce. An example of a pirated product is if an individual were to distribute unauthorized copies of a DVD for a profit of their own. [3] In such circumstances, the law has the right to punish.
In the United States, the Trademark Counterfeiting Act of 1984 criminalized the intentional trade in counterfeit goods and services. [ 1 ] : 485–486 If the respective marks and products or services are entirely dissimilar, trademark infringement may still be established if the registered mark is well known pursuant to the Paris Convention .
Counterfeiting is the umbrella term to designate infringements to intellectual property, with the exception of the term piracy which is sometimes (colloquially) used to refer to copyright infringement. [2] A more narrow definition of brand protection which focuses on trademark infringement, is sometimes used.