Globalization of production & the spread of counterfeit products; A Essay

globalisation of production & the spread of spurt products A Comparative analysis of the International Law on counterfeit & Piracy - Essay ExampleThe region has since developed from a mere supplier of raw materials to an uphill production economy brought about by its export capability (Haggett, 2002).On a sad note, however, Asia is straight emerging to be the single largest producing region for counterfeits and pirated goods. The Internet lent itself handy as a naked as a jaybird platform for boosting sales, with considerable assistance from criminal networks and organised crime. The glitter of enormous profit has encouraged more than counterfeiters and pirates to join the bandwagon. Moreover, penalties were believed to be relatively light even when the counterfeiting and piracy operations atomic number 18 detected and the perpetrators are brought to justice (OECD, 2007).This paper discusses the mechanisms which promote the growth of counterfeiting and piracy operations the ex isting initiatives and laws in the war against counterfeit and pirated goods with special emphasis on the Southeast Asian region in the light of its new byname as the top manufacturing region for counterfeit and pirated products and the weaknesses or loopholes of these laws, if any.An attempt was also made to perform a comparative analysis of the policy failures, if any, and successes of coordinated efforts to fight counterfeiting and piracy. Finally, recommendations will be forwarded in the light of the inputs from the entropy analysed.The OECD (1998) defined counterfeiting as an infringement of the legal rights of an owner of intellectual property (p. 5). This is the broadest essence of the term counterfeiting. To be more specific in this discussion, however, the paper utilised the definitions of counterfeiting and piracy from the context of the TRIPs Agreement2, as counterfeit stylemark goods and pirated copyright goods, respectivelyCounterfeit brand goods shall mean any good s, including packaging, bearing without authorisation a trademark which is