Counterfeit Products In The News:
SKF Campaign Spreads Anti-Counterfeit Message
Mar 31, 2014 - By SKF
Recent figures confirm a rise in the counterfeiting trend in the United States. Fake bearings are now arriving “in brown boxes at your front door”, in the words of the SKF Project Manager, not just via ‘conventional’ ocean routes as traditionally
9 most counterfeited products in the USA
Mar 29, 2014 - By Thomas C. Frohlich, Alexander E.M. Hess and Vince Calio
Counterfeit products may cost the global economy up to $250 billion a year. While government agencies do their best to crack down on counterfeit goods, they only manage to catch a fraction of the fake products that enter the United States.
"Fake It Til You Make It" Just Got Harder
Mar 27, 2014 - By Emily Levy
The streets of N.Y.C.'s Chinatown are wet with tears as U.S. Border Patrol officers seize a record $1.7 billion of fake bags, clothes and electronics
18 Mind-Blowing Facts About Alibaba
Mar 20, 2014 - By Jillian D'Onfro
The company is relatively unknown in the States — but not for long. Here are some facts about the company that help you figure out just how powerful it really is.
The Alibaba phenomenon
Mar 20, 2014 - By The Economist
On its way to becoming the world's biggest economy, China is passing another landmark. Its e-commerce market is overtaking America’s. And one giant firm dominates the market: Alibaba, by some measures already the world’s largest e-commerce company.
Amazon China Unit Closes Vendor After Report of Fake Cosmetics
Mar 20, 2014 - By Nicholas Wadhams
The China unit of Amazon.com Inc. (AMZN:S), the world’s largest e-commerce company, closed a third-party online store after state media reported that fake cosmetics were being sold.
Counterfeit mobiles cost $6 billion a year
Mar 20, 2014 - By Graeme Philipson
Black market sales of counterfeit and substandard mobile phones are a US$6 billion a year problem, says a new report into the global counterfeit phone market.
Report: Counterfeit education is working
Mar 20, 2014 - By Tom Grace, Eaton
Survey results indicate that educational programs are helping to increase awareness of the dangers of counterfeit products and providing the tools needed to make informed purchasing decisions, key learnings that will help increase electrical safety.
Alibaba Shakes Off Counterfeit Label Smoothing Path to U.S. IPO
Mar 19, 2014 - By Lulu Yilun Chen
Eighteen months ago, Alibaba Group Holding Ltd. was under U.S. scrutiny because counterfeiters were selling goods on its website. Now it’s heading for what may be the nation’s biggest initial public offering since 2008.
14 die from drinking counterfeit alcohol in Russia
Mar 16, 2014 - By Associated press
Investigators in Russia say at least 14 people in a village in the Far East have died of apparent methanol poisoning after drinking counterfeit liquor.