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ARTICLE · 09 DECEMBER 2022

Counterfeiting Is A Cynical Way Of Violating Trademark Rights

Quite often, the negative consequences of the presence of counterfeit products on the market are commonly perceived through the losses suffered by the IP rights holders and the original product manufacturers or through the damage caused to consumers.

UkraineIntellectual Property

Quite often, the negative consequences of the presence of counterfeit products on the market are commonly perceived through the losses suffered by the IP rights holders and the original product manufacturers or through the damage caused to consumers. However, the problem is much broader than it may seem and, unfortunately, affects - in addition to consumers and public - the state overall. To understand the main negative consequences of counterfeiting, I would suggest comparing the "business" and the original product manufacturing.

So, shadow counterfeit businesses do not order the logo design and advertising and do not invest in brand promotion marketing; this suggests that their designers and marketers have less work to do. Quite often the employees of counterfeit businesses do not have proper employment records, which also reduces the workload for the finance and human resources departments. The dissemination of counterfeit goods is carried out without the

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