As consumers we are directly affected by the issues of counterfeiting. Therefore, this article will allow you to take full extent of the issue.
Firstly, counterfeiting heavily impact consumer protection. Indeed, counterfeit items are almost a danger for the consumer. In other words, these items were developed with minimal precautions to create maximum profit.
Then counterfeiting affects the consumer through the enterprise victim of counterfeiting. We must remember that each infringement unlawfully restricted the market share of the enterprise victim. In other words, it may have to terminate or reduce its production.
Finally, counterfeiting will impact the consumer by the shortfall that the state record in tax. As a result, here is a part of the taxes that escapes to the tax authorities and the country’s infrastructure needs; at the same time the consumer goes also complicit in the development of this parallel network.