Government Intervention & Mediation
Due to substantial fiscal loss brought about by the rise of fake goods in the global marketplace, governments are thankfully taking proactive policing approaches to curb such illegal practices. This also goes hand in hand with protecting and securing both consumer and business owners’ rights.
Expert Insight: Many governments placed regulations to persuade brand owners to register their intellectual assets. This is proven to be the most efficient way to combat counterfeits as you will have legitimate legal institutions representing and preserving your brand.
Beyond Government Policing
The proverbial crusade against fake goods must be faced on all fronts. The counterfeit-detection measures taken by international administrations would deem ineffective without the proactive participation from consumers and brand owners alike.
Conclusion: With Every Boon, A Bane is Born
The digital revolution is not on the way. It is here. And it is here to remain for the unforeseeable future. It has presented humanity with colossal benefits through unwavering connectivity and the exchange of information at inconceivable velocity.
However, there are people who exploit these to the detriment of others. There are steps we can take collectively as a community, to fight the rise of fake goods online.
As an internationally present intellectual property consultancy, we want to do our part in supporting the fight against the global phenomenon. There is still a lot to unpack and we always welcome those who want to better the way the world works.
To learn more, you can send a message on [email protected] or call us on +971 4 282 2677 to schedule a complimentary consultation with one of our highly versed intellectual property experts. They will be happy to fill you in on best-suited solutions for safeguarding your idea – especially if you think it is the best invention since sliced bread.