On Counterfeit Goods, Lots Of Action But Little Progress
By Bill Donahue (September 6, 2016, 4:38 PM EDT) -- As the trafficking of counterfeit goods continues to balloon, brand owners are getting more aggressive in how they attack the issue, but experts say there's still no easy or immediate answer in sight for the half-trillion-dollar problem.
Indicators of increasing frustration among top consumer brands have piled up this summer, from a closely watched case against Chinese e-commerce giant Alibaba to huge default judgments for fashion designers, internal discord at the world's top anti-counterfeiting watchdog and a major brand's pulling its products from Amazon.
Experts say the recent headlines are emblematic of a real shift in how U.S. and European companies...
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