Tag - counterfeiting

counterfeit health product

The Covid-19 pandemic, a lucrative market for counterfeit health products

The Covid-19 pandemic has unfortunately opened greater opportunities for counterfeiters to generate fast cash. INTERPOL reported that they have seized more than 34,000 counterfeit and substandard masks, as well as “corona sprays”, “coronavirus packages” or “coronavirus medicines” under Operation Pangea XIII. The police, customs and health regulatory authorities from 90 countries partook part in this collective action against the illicit...

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counterfeit pirated goods

US Government’s plan to combat the traffic of counterfeit and pirated goods in e-commerce

The urgency to combat the trafficking of counterfeit and pirated goods in the United States has led to the issuance of the U.S. President’s Memorandum on Combating Trafficking in Counterfeit and Pirated Goods on 3 April 2019. Subsequently, on 24 January 2020, the Office of Strategy, Policy & Plans of...

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IPR intellectual property right

Proving the gravity of IPR Protection, the Indonesian Government has completed the set of custom legal instruments

Indonesian government's solemnity in protecting Intellectual Property Rights (IPR) has been proven by their completion of a set of legal instruments and IPR border measure system through the enactment of the Supreme Court Regulation Number 6 of 2019. According to the website of the Ministry of Finance, the IPR border measure...

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counterfeit market

Manufacture of Counterfeit Products Predicted to Reach USD2.3 Billion, This is what Businesses Need to Do

Counterfeiting is a problem for many industries on a global scale. No industry and country are free from the threat of counterfeiting. According to a report by the International Trademark Association (INTA) and the International Chamber of Commerce, the global economic value of counterfeiting and piracy is predicted to reach...

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Learning From The Hard Working of Louis Vuitton and Alibaba Against Counterfeiting

Counterfeiting is a never-ending problem for famous brands. According to the World Customs Organization, the circulation of counterfeit goods have led to the loss of the fashion industry worth more than £5 billion and about 400,000 people had lost their jobs for 20 years. Louis Vuitton as the most valuable luxury...

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