Numerous federal lawsuits are already filed by Intellectual Property owners in recent years to try and address the anti counterfeiting intensifying online threat from "rogue websites." Additionally, the US Department of Justice and US Department of Immigration and Customs Enforcement have seized millions of dollars in assets, in addition to shuttered many such websites with the use of existing criminal laws.
Until relatively recently, the black and grey market economies did not pose a tremendous threat to brand owners. The blackmarket operates illegally outside government-sanctioned channels with all the buying and selling of goods and services, while commodities inside the grey market are distributed legally, but through channels which can be unauthorized through the original manufacturer-commonly called diversion. Customers who'd frequently shop in a single of such two markets have to be able to see the Internet for the same products, posing a straight deeper threat to a brand's reputation and integrity, impacting earth's biggest brands and smaller brands alike. Moving into another country is definitely an interesting dilemma for intellectual property. Some businesses don't believe about protecting themselves internationally when their initial trademark registration may have been some time ago. Intellectual property laws fail internationally, which may sometimes cause problems later on for those trying to move brands into a new region. Leading brand protection companies haven't simply stopped at creating a straightforward portal for contact; they've got gone the next thing and invested substantial funds into a web-based environment that permits you to apply for trademarks and also other brand protection services. This doesn't just save time and expense. For those who may be hesitant about using an online service for this kind of important factor of the business, these brand protection specialists provide expert advice and consultation, letting you in each step with the process. Pharmaceutical counterfeiting has triggered extreme outcomes, including consumer fatalities, which illustrates the importance of brand security. The Food and Drug Administration saw an 800 percent boost in the amount of new pharmaceutical counterfeit cases between 2000 and 2006. According to The Lancet*, our planet's leading general medical journal, counterfeit pharmaceuticals will generate $75 billion in revenues in 2011, a 92-percent increase from 2005.
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