Presently, one issue that is troublesome at a global level is counterfeit. This vicious circle is so dense that it is becoming more and more difficult for any brand owner to work on any kind of anti-counterfeit activity.
Becoming aware needs to be the foremost priority that one needs to consider for fighting this venom prevailing in the society. Counterfeit is not just affecting the brands and brand owners but is directly affecting the consumers by making available cheaper quality replica products. Up till now, most of the patrons have not realised that counterfeiting and piracy are capable of creating a menace to their wellbeing. At many instances, when people are aware of the presence of fakes, they aren’t able to distinguish between the false products due to the impeccable similarity to the original product.
Fight counterfeiting in India is a cause raised due to the alarming growth rate of the fakes present in the market. Though, the truth remains that counterfeiting is not invincible. A brand owner needs to be aware of his IP rights, that include trademarks, designs and patents, that make available the ways to tackle the production fake copies. Nevertheless, to enforce such rights demands extensive plan.
There are various specialized agencies including BrandsandFakes that work towards the ways to stop counterfeiting. The priority lies in identifying the fakes. We have number of professional anti-counterfeiting forces and tools that help brand owners to spot and act in opposition to counterfeiting. We work along with a group of Volunteers, Brands, Investigators etc.
Fighting counterfeit isn’t a child’s chore; it is a battle that the society needs to fight together, hand in hand. People from different walks of life need to get together and battle against this evil. Intellectual property right plays a momentous function in our economy too; it encourages creativity, art and research of any form and allows the reinforcement of competitive positioning of individuals and companies in the economy. Counterfeited goods, ground a serious threat to the development of the economy. Many organisations make huge profits through forged designs and signs which are protected by intellectual property rights.
Counterfeiting and piracy are concepts which are generally used to indicate a violation of intellectual property rights, this means that certain acts are carried out without the consent of the intellectual property right holder and need to be stopped immediately. As individuals, what we really need to do is, focus and be aware; this will help the society to fight the battle against counterfeit.
