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The Price of Counterfeiting
Counterfeiting is a serious problem in South Africa, but it is not limited to the local market. Cheap imitations are flooding our market from India, China, and from within.
Companies cannot afford to spend millions on branding their products, simply to find counterfeit products causing serious harm to their reputation for quality. In addition the fake products sold on the streets, also mean less income for the trademark holders.
Counterfeiting of products is not limited to clothing. Pirated movies and music cause artists to lose royalties and hinder people from wanting to create works of art. If your company is the victim of counterfeiting, you will need legal assistance to ensure that your lawsuit succeeds.
The first step to prevent someone from getting away with counterfeiting is to ensure that your invention is patented, design or trademark registered, and work of art protected through proper agreements.
From fake clothing brands to fake vehicle parts and medicine cause serious harm to the world economy. Software piracy has become a global problem and seriously hampers the growth of intellectual creations.
People buying counterfeits are just as guilty in this phenomenon as the counterfeiters. If you have been the victim of counterfeiting efforts, get the help of intellectual property lawyers who will not only advice you on the actions that you can take, but will also ensure that proper litigation procedures are followed to ensure that damages can be paid or that the criminals are charged accordingly.
Take action today by contacting us at Smit & Van Wyk Intellectual Property Attorneys.
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