Harshit
Harshit Chugani 3 Oct 2018 3:45pm
The Economic Impact of Counterfeiting
1325 0 0
The grey market consisting of fakes/counterfeits/lookalikes/ infringements, causes major loss in every sector of the industry, and the ripples are widespread to every strata of the economy. The most noticeable effects are centred on two parameters—lost sales of the manufacturer and effect on public taxes-as most of the manufacturers in the grey zone…
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