When the subjects of counterfeiting and infringing trademarks and patents are discussed, it is a commonly held view that this happens predominantly in the consumer goods markets where large global organizations go to extreme lengths to protect their brands and corporate identities. The global market in counterfeit goods costs companies many billions in lost revenues, and it goes way beyond high profile consumer goods.
Manufacturers of capital goods are also affected significantly by the illegal activities of enterprises that go to great lengths to copy their products and distribute and sell them as genuine items. They have no concerns about the potentially dangerous consequences of their illegal activities. The international industrial manufacturing industry is no stranger to counterfeiting and the challenges that many of the leading brands face in trying to fight what is termed ‘low-end disruption’.
To read this full report, please contact Sarah Bradley s.bradley@kci-world.com to request a PDF copy.