United StatesCounterfeiting in an online world

This is an Insight article, written by a selected partner as part of IAM's co-published content. Read more on Insight

The statistics are staggering. Sales of counterfeit goods continue to hit new highs each year. According to various media reports, trademark holders are losing hundreds of billions of dollars due to counterfeiting. Not only do brand owners lose sales revenue, but governments lose tax revenue and employees lose jobs. Some compare the ‘war on counterfeits’ to the ‘war on drugs’, but it is not the same. Far fewer law enforcement resources are allocated to stopping the sale of counterfeit goods and far less significant penalties, if any, are slapped on those who ensure that pirated goods find their way into the stream of commerce.


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