Share on LinkedInShare on LinkedIn

ARTICLE · 05 DECEMBER 2023

Tackling Illicit Trade: Smuggling And Counterfeiting

Counterfeit products are widespread in the market, and people often buy them at significantly lower prices than the original ones.

IndiaIntellectual Property

Counterfeit products are widespread in the market, and people often buy them at significantly lower prices than the original ones. For instance, a person may purchase sunglasses with "RAYBAN" or belts with GUCCI embossed. Similarly, counterfeit cigarettes are also available in the market, which are easily recognisable by the lack of health warnings on the packs. Ironically, such products are considered less harmful due to the absence of graphic health warnings instead of the realisation that the proceeds from the sale of such products often make their way into funding organised crime, terrorism, and other such anti-national activities. Some consumers actually look for such goods with a clear intention to strike a good bargain and get the goods at a fraction of the cost of genuine goods. However, it is essential to accept the fact that contrary to popular belief, smuggled and counterfeit goods are not always being sold to gullible consumers.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from