Markets

32 articles
The Mind & Market of Counterfeit Goods

The Mind & Market of Counterfeit Goods

Fakes or Bootlegging are a billion-dollar industry today. The sale of fake luxury goods is estimated to be worth USD $600 billion a year worldwide with brands such as Louis Vuitton and Gucci among the biggest targets for counterfeiters. OECD estimates 3.3% of global trade is of counterfeit goods.

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