![](https://www.ficcicascade.in/wp-content/uploads/2018/08/jpeg-1.jpg)
Fakes come at a high price
One of the intractable aspects of the trade in counterfeit luxury goods is that even when buyers are alerted to the fake provenance of designer handbags, many will continue with the purchase. The authorities are cracking down on the trade as reported in The National’s business section today, but a long-term solution is needed. The sale of counterfeit goods not only denies companies the rewards of their meticulously developed brands but is also exploited by organised crime and possibly terrorists, too. Clearly, buying counterfeit goods is far from the victimless crime that some people claim when justifying their purchases.
http://www.thenational.ae/opinion/editorial/fakes-come-at-a-high-price
Related Posts
Economic Report Predicts Rise in Global Counterfeiting, Piracy
BANGKOK, THAILAND — The global trend in counterfeiting and piracy is forecast to...
Mahindra & Mahindra Raids Auto Part Makers to Counter Fake Products.
Mahindra & Mahindra, country's leading utility vehicle manufacturer, said it...
Committee reports on illegal trade
In a report, entitled Cross-border Police Cooperation and Illicit Trade, they...
N.J. inmate gets 4 years for his part in tobacco smuggling ring
One of the eight New Jersey State Prison inmates originally accused of...