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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.
For civil enforcement, the PRO-IP Act increases the maximum $30,000 penalty for compilations and increases penalties for repeat offenders. [11] It raises the penalty for statutory damages for counterfeit goods from $1,000 to $200,000, which was originally a range from $500 to $100,000.
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 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.
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 ...
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 ...
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 ...
The second section covers penalties for streaming video and for selling counterfeit drugs, military materials, or consumer goods. The bill would increase penalties and expand copyright offenses to include unauthorized streaming of copyrighted content and other intellectual property offenses. The bill would criminalize unauthorized streaming of ...