2.7 The Consequences of Counterfeiting Counterfeits represent a critical danger to shoppers. Dangerous fake merchandise can prompt wounds and diseases. In situations where fake products cause no physical mischief‚ purchasers are hurt monetarily when they are tricked into using their hard- earned money on a poor-working‚ low-quality fake product. In addition‚ since organizations must raise their costs to recover misfortunes from forging‚ the general population is compelled to pay higher costs for
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Literature Review Product Counterfeiting: Motivations of Consumers When Purchasing Non Deceptive Counterfeit Goods Nowadays‚ luxury brands have become even more prevalent especially in developing countries where economies are starting to emerge. “Traditionally‚ luxury goods or status goods are defined as goods for which the mere use or display of a particular branded product brings prestige on the owner‚ apart from any functional utility”.
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by ignorance‚ poverty‚ inability to detect counterfeit products. They simply go ahead to purchase fake products that may be rather harmful to them. Incidentally‚ the case of consumers and buyers of mobile phones and their accessories is not different‚ as many consumers opt for substandard or counterfeit mobile phones because they are cheap and looks like the originals. All these are informed mainly by the advancement and sophistication of counterfeits in recent times and compounded by the lack
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affected by who buys what. Instead of buying fake goods to fit into today’s society‚ the focus of the consumer should be buying what looks good rather than focusing on where it came from. Consuming counterfeits does not only affect the US society‚ but other countries as well. Behind consuming counterfeits‚ there is a farther depth most people do not ever think about or realize. Goodwin indicates that by buying fake goods‚ you are supporting the horrendous conditions that children who are forced to
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Business Administration are in charge of regulating intellectual property infringement in China. When reports are filed the Industry and Business Administration will contact the police to enforce the law. The police will not do much about it because counterfeit software and products provide the people of China with affordable necessity. On the other hand‚ Intellectual property is heavily protected in the U.S. By filing Patent‚ Copyright or Trademark individuals are able to protect their property and have
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piracy and counterfeits. Many luxury branded companies havetheir exclusive brand names stolen by counterfeits producers. Likewise producers ofcomputer software‚ music‚ and movies are affected by individuals who download/streamtheir items for free. Consumers’ attitudes towards counterfeiting and piracy are importantto examine as to understand their acceptance and rejection towards counterfeits and piracy.The purpose of this thesis is to examine consumers’ attitudes towards counterfeits andpiracy.
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diminished currency’. Emsley‚ Hitchcock and Shoemaker goes further to state that coining offences can include: ‘coining (counterfeiting coins)’‚ ‘possessing moulds for the manufacture of coins’‚ ‘manufacturing counterfeit paper money‚ banknotes or bills of exchange’ and ‘possessing counterfeit money or putting it in into circulation ("uttering")’. Furthermore‚ ‘The statute farther enacts‚ that to . . . colour‚ gild‚ or case over any coin resembling the current coin . . . shall be construed high treason
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due to the difficulty to catch direct infringers who sell counterfeit or other infringing products on the internet‚ as they can easily mask their identities and avoid liabilities by shutting down and reopen under different domain name. So the intellectual property owners have turned to enforce their trademark and copyrights against internet-based infringers‚ and try to impose liabilities on parties that have some involvement in counterfeit or infringing product transactions rather than imposing liabilities
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that could fund our schools and our roads…” Since this is her belief her purpose is to inform readers about counterfeit goods. She gives many statistics on how bad counterfeiting goods can be. “Since 1982‚ the global trade in counterfeit and pirated goods has grown from an estimated $5.5 billion to approximately $600 billion annually.” She continues to give a few examples of counterfeit goods. “The Food and Drug Administration has
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liable should infringement occur‚ and simply because the internet makes it easier for pirates to sell counterfeit items. 4. The Tiffany vs. eBay case established that trademark owners re responsible for policing for counterfeit items when their products are sold in an online marketplace. Tiffany conducted studies finding that a large percentage of ‘Tiffany’ items sold on eBay were counterfeit. In an attempt to stop this‚ Tiffany made several demands to eBay. One of which‚ eBay refused‚ resulting
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