Max Brant
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5 days ago · It is estimated that the global trade in counterfeit goods accounts for over $500 billion annually, representing approximately 3.3% of world trade. For businesses, the immediate consequence of counterfeiting is revenue loss. Counterfeit products, often sold at lower prices, attract consumers who might otherwise purchase genuine items.
4 days ago · However, you can get your own counterfeit, detecting technology by engaging AI development services to customize detection based on your product parameters. Apart from visual checks, there are many other ways to identify counterfeit products.
- Goodfirms
1 day ago · The Impact on Production Planning. Counterfeit products wreak havoc on production planning in several ways. First and foremost, they disrupt supply chains by introducing unauthorized and unreliable components into the manufacturing process. This can lead to production delays, quality control issues, and ultimately, dissatisfied customers.
5 days ago · As the French capital gears up to host the 2024 Olympic Games, police have been cracking down on the booming counterfeit market in preparation for the international sporting event.
1 day ago · Letter From the NHL. Our investigators have confirmed that, notwithstanding our correspondence, your client proceeded with its plans to market and sell—and did in fact market and sell—the counterfeit “Florida Champions Tee” shirts, which prominently feature the Florida Panthers’ registered “Palm Tree & Stick” design mark (U.S. Reg. No. 1883140) (see Exhibit A, showing sample ...
5 days ago · Shoppers may risk counterfeits, fraud, scams and potentially harmful products, the Counterfeit Report, a consumer advocacy group, warned.
6 days ago · Ferrari has confiscated over 4,00,000 counterfeit items bearing its name and logo in 2023. These fake products, including t-shirts, glasses, and even cars, were being sold globally.
