India:
Employing Border Security Measures To Protect Intellectual Property In India
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Counterfeiting is not restricted to any one jurisdiction. It is
a serious issue in the global economy where infringing goods are
mass produced in one nation and imported to other nations. Imported
counterfeit and pirated products substantially affect the economic
positions of businesses.
In some cases, they may cause the withdrawal of a famous
international brand from a particular national market, as the brand
may be undermined to such an extent that it cannot exploit its
products economically in a particular market. The government and
end consumers are also negatively affected by imported counterfeit
goods, as such products generally remain outside tax ambits and
cause confusion in consumers' minds. The expected
quality of such products generally suffers as well.
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