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¶ … Habit to Break," Newsweek's Brook Lamar discusses the growing illegal trade in cigarettes originating from China and extending to other parts of Southeast Asia. This trade has two components. First, genuine foreign cigarettes from tobacco giants like Marlboro, Philip Morris and Salem are smuggled into the country. Second, China also has a flourishing counterfeit cigarette industry. Fake cigarettes, complete with official-looking government import seals and a "Made in America" label are then sold in the black markets in Singapore, Shanghai, the Philippines and even Australia.
This article illustrates a type of economic globalization. The sales of cigarettes and other tobacco products have dwindled significantly in the United States due to health campaigns. To make up for the loss of its North American market, tobacco companies have turned to China and by extension,...
Tobacco companies have previously tolerated the trade in counterfeit cigarettes, believing that these fake cigarettes increased brand recognition in the country. Today, however, the same companies are concerned that the black market trade in cigarettes is eroding one of the last few markets that are still hospitable to tobacco products.
The article also uses the tobacco trade to illustrate the limitations of economic globalization organizations such as the World Trade Organization (WTO), which was supposed to open countries such as China to foreign investment. However, the WTO does not take into consideration how China is divided into fiefdoms, giving rise to a fragmentation that is incompatible with the WTO provisions. The system of local protectionism is thus not ready to absorb outside brands and limits the development of any national industries, including…
Counterfeiting Law in France: Similar to other developed countries, France has a unique system of safeguarding intellectual and industry property rights. This system is not only applicable to creative or artistic rights but is also used to govern patents, trademarks, designs, and drawings ("France Intellectual Property Law," n.d.). Generally, the country's intellectual property law covers three major areas i.e. intellectual rights within the country, intellectual property rights outside the country, and
This law was designed to punish the supplier, not attack the unsuspecting victim of the crime. However, the size of this seizure of merchandise is evidence that these measures simply do not work. Despite existing laws, consumer demand for these products remains high. The ultimate solution to the counterfeit and fakes problem is to convince people to stop buying them. This seems to be a reasonable approach, but the volumes
Mr. Leiber will be eligible to claim $1,000.00 for each of those pieces as the difference between the contract price and the actual current price is approximately a difference of $1,000.00. If however, that price changes during the course of arbitration the difference in price should be changed in order to reflect that difference. Further according to article 50, should Satel have to ultimately pay for the 30 non-counterfeit
COUNTERFEIT COSMETICS & HOMELAND SECURITY ISSUES Problem Identification Counterfeit cosmetics are prevalent specifically over the Internet on such websites as Ebay. These cosmetics are dangerous and cause severe problems even death among those who purchase and use these products. The U.S. Department of Homeland Security (DHS) is reported to be conducting an investigation of the major counterfeit cosmetic manufacturing rings that are producing and selling products reported to contain "high concentrations of
Counterfeiting on Luxury Goods Consuming counterfeit products social effects. Consumers want to project a desired social image Consumers want to project an external image of themselves that gives them a certain social status, even though internally they know they did not pay top dollar for their "luxury good." For example, someone who buys a counterfeit Louis Vuitton bag does so for the purpose of being able to present herself in fashionable light
For instance, one of those interviewed had a counterfeit Louis Vuitton bag whose value she claimed was £40 (Howie). A real Louis Vuitton bag goes for no less than £1,900. Thus as Howie correctly points out, this particular customer was able to get something that resembled the real thing for a price "almost 50 times less than the price for a similar bag by the designer." It is also