25
Mar
Counterfeit products are consumer goods which are often sold under the name of another brand without the authorization of the owner of the brand being plagiarized. The quality of these products is inferior to that of the real product. The sellers of the counterfeit products often infringe either the trademark or the copyright by selling these goods under the name of the brand. Effects of counterfeiting products: In the year 2014, there were an estimated 2.5 million jobs lost and around 750,000 jobs were lost only in the United States because of such products floating around in the market. In…