Madhu Bansal Mittal
Fraud, cheap, Unbranded, Imitate
What is Counterfeiting?
- To imitate something which are being produced with the intent to take advantage of the superior value of the imitated product.
- This is nothing but the cheating consumer and running parallel operation. Intellectual Property Rights (IPRs) come in hand of passing off action. The statute governing IPRs recognizes such activity as an offence and provide for stringent punishment such as counterfeiting activity.
- Counterfeit is an imitation which is unreal and fake made usually to deceive the origin of the original product.
Products
- We can find such goods in a local market, be it clothes, watches, fashion accessories, medicines, automobile parts or other products.
- They tend to use fake company logos and brands such as Calvin Keith, Ray Ban, Puma, Adidas and others.
- The manufacturing of counterfeits is most prevalent in developing countries with a strong, inexpensive manufacturing capability, including many nations throughout Asia (such as China and Taiwan), although counterfeit goods are sold around the globe.
Is counterfeiting illegal?
- Yes. Counterfeiting is illegal. In most countries, counterfeiting is punishable by criminal laws as well as civil laws, with penalties ranging from injunctions to damages to imprisonment. Put simply, counterfeiting is theft.
- In the case of goods, it results in patent infringement or trademark infringement
How do I recognise a fake product?
- Discounted price of a product,
- Place of sale, and
- Low quality packaging .
- Misspellings of brand names
- Replica of a genuine logo
are the key indicators of whether a product is genuine or not.
However, there are times when the good is copied so good that it is very difficult to spot the fake one. To avoid counterfeit cosmetics, the best advice is to always buy from a trustworthy source such as large reputable outlets or an official website.
Where are counterfeits sold?
- Street vendor stalls
- legitimate-looking stores
- Online (through E-commerce)
Thinking they are buying genuine goods at discounted prices. t is only after the consumer receive their purchase and they realize they have been tricked into buying a counterfeit. Check this link;- http://www.forbes.com/sites/barbarathau/2013/12/19/tis-the-season-for-counterfeit-e-commerce-sites-an-insiders-take-on-how-to-avoid-being-taken-by-fakes/
