ts, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally oCounterfeit products and materials are knock-off, bootleg, pirated or other illegally produced materials that are produced and sold in violation of the Intellectual Property Rights of others or in a manner that fraudulently represent their quality or origin. Under English Common Law, counterfeiting was referred to as 'palming off'. This was perhaps conceived from the idea that a counterfeiter 'palms off' a counterfeit product as the genuine product by a ruse with regard to the origin and/or content of the product. The counterfeiter, in the process, therefore usurps the goodwill, recognition, niche and brand name of the originator (i.e. owner of the trademark/brand) in marketing and creating a ready consumer for the counterfeit product, which obviously is a fraud.

Although, counterfeiting is often used to describe trademark infringement, it may also involve any/all aspect of Intellectual Property Right (IPR) violation, which includes patents, copyrights, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally of

lity or origin. Under English Common Law, counterfeiting was referred to as 'palming off'. This was perhaps conceived from the idea that a counterfeiter 'palms off' a counterfeit product as the genuine product by a ruse with regard to the origin and/or content of the product. The counterfeiter, in the process, therefore usurps the goodwill, recognition, niche and brand name of the originator (i.e. owner of the trademark/brand) in marketing and creating a ready consumer for the counterfeit product, which obviously is a fraud.

Although, counterfeiting is often used to describe trademark infringement, it may also involve any/all aspect of Intellectual Property Right (IPR) violation, which includes patents, copyrights, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally o

igin and/or content of the product. The counterfeiter, in the process, therefore usurps the goodwill, recognition, niche and brand name of the originator (i.e. owner of the trademark/brand) in marketing and creating a ready consumer for the counterfeit product, which obviously is a fraud.

Although, counterfeiting is often used to describe trademark infringement, it may also involve any/all aspect of Intellectual Property Right (IPR) violation, which includes patents, copyrights, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally o

unterfeit product, which obviously is a fraud.

Although, counterfeiting is often used to describe trademark infringement, it may also involve any/all aspect of Intellectual Property Right (IPR) violation, which includes patents, copyrights, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally o

ts, trade secrets etc. The effect of counterfeiting activities has been known to be quite debilitating for the IPR owner, the consumer and the nation at large. This fact is arguable from the perspective that counterfeit goods are generally of lower quality and most often, lower priced. Thus by confusing or misleading the consumer and by providing a lower priced opportunity for what appears to be the same commodity, counterfeiters tend to eat into the IPR owner's market and the value of its Intellectual capacity, while at the same time putting the consumer at health and safety risks, because of the sub standard product being consumed.

The business of counterfeiting has become especially profitable and sophisticated, with the involvement of several organized crime groups in the business. The problem is therefore expanding alarmingly and becoming more pervasive. The range of counterfeit materials and products cuts across a wide range of consumer products. In recent times, almost everything from counterfeit copies of Microsoft Windows, to improperly produced baby formula, pharmaceuticals, aircraft and automobile parts are available in the market. For instance, a report in the American 'Che