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| Joiner, Caroline. Various-Counterfeit-Products. 2008. Accessed 26 Apr. 2011. <http://www.consumerreports.org/cro/money/ shopping/shopping-tips/counterfeit-products-1-08/overview/ counterfeit-ov.htm> |
Recently competition in international markets has become fierce. This strong competitiveness can result in excellent business achievements but it can also result in counterfeiting. According to the Alliance for Gray Market and Counterfeit Abatement counterfeiting is the making or selling of unauthorized copies of merchandise (par 15). The Alliance for Gray Market and Counterfeit Abatement also says that all counterfeit goods are have a counterfeit mark which is a false mark used on goods and services that is identical and indistinguishable from the genuine mark (par 15). This means that counterfeit products could easily reach the general public causing people to be confused and afraid to buy certain things because they think it might be fake. It also illustrates the importance that corporations have in controlling the flow of products within their company to make sure that no counterfeit goods enter their system. In addition the Alliance for Gray Market and Counterfeit Abatement declares that most counterfeiting occurs in less developed countries or in flea markets (par 17). This means that if somebody wants to be sure that they are buying the real thing then they need to buy it from a well known legitimate company. Counterfeiting is a big business in the world’s economy today. According to the Progressive Policy Institute the worldwide sales of counterfeit goods is $650 billion per year (par 3). The Progressive Policy Institute also says that the U.S. seizes over $100 million worth of counterfeit goods at ports each year (par 3). This means that counterfeiting is spreading to more developed countries and could disrupt the U.S. economy. If a product is priced well below what it should be then it is probably counterfeit. However counterfeiters are becoming increasingly cleverer and pricing their counterfeit products close to the actual price of the real thing and using new technology to place better counterfeit marks on their products. Counterfeiting is only going to get more and more difficult to detect as time goes by so corporations need to do their job to protect their customers by making sure that they do not let any counterfeit goods into their stores.
Works Cited
Alliance for Gray Market and Counterfeit Abatement. AGMA Counterfeiting FAQ. 2009. 26 April 2011 <http://www.agmaglobal.org/resources/faq.shtml>.
Joiner, Caroline. Various-Counterfeit-Products. 2008. Accessed 26 Apr. 2011. <http://www.consumerreports.org/cro/money/shopping/shopping-tips/counterfeit-products-1-08/overview/counterfeit-ov.htm>
Progressive Police institute. Worldwide Market for Counterfeit Goods: $650 billion. 14 June 2006. 26 April 2001 <http://www.ppionline.org/ppi_ci.cfm?knlgAreaID=108&subsecID=900003&contentID=253907>.
Dear Blogger,
ReplyDeleteNow, I wonder how much counterfeited things I could have bought. Though...I am also confused just what is bad about counterfeited products. Are they like, the black market product?
"It also illustrates the importance that corporations have in controlling the flow of products within their company to make sure that no counterfeit goods enter their system." I wonder how a counterfeited product gets into the system first of all, and then how corporations can stop this. I guess they watch carefully for that mark you mention. And maybe they have special workers that are trained to find these sorts of things.
"This means that counterfeiting is spreading to more developed countries and could disrupt the U.S. economy." I could see how this would disrupt the economy. If we think that we are buying, let's say, an ipod but really the money is going to some man wanting to buy drugs or other things and he has no right to steal this product, well, that could cause issues. The economy is a circle that depends upon marketers and buyers, and as soon as money disappears out of the circle, the whole thing is thrown off.
I have never came across a blog with this sort of topic. I have never heard of such a thing, and you are simply teaching us, which is what a blog should do. I thoroughly enjoyed it and will probably do some research of this my own, to better understand.
--Blue Jay