Counterfeit markets resurface in Asia

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Counterfeit markets resurface in Asia

Asia has been heaven for many counterfeiting organizations due to its massive amount of population and its lax of managing and enforcing capabilities on IP rights. Although the governments of the countries in this region have been fighting constantly with this problem, it seems that the fighting might last for decades because once again, the counterfeit markets have resurfaced in Asia.

Counterfeiting actions combined with counterfeiting actions in a particular jurisdiction might create a counterfeiting market – a phrase used to indicate a location where counterfeiting activities have been going around a lot in a specific amount of time.

To identify these ‘markets’, each year, the US Trade Representative (USTR) releases a report on Notorious Markets. This report indicates and identifies places where counterfeit goods are sold around the world, inflicting upon the rights of US IP owners in particular and IP owners around the world in general.

The notorious locations can be named such as Beijing’s Silk Market, various electronics markets in Shenzhen, and the Yiwu International Merchandise City in China. 

Not just in China but these markets can also be in places such as Greenhills in Manila, Petaling in Kuala Lumpur, or Dubrovka Market in Moscow.

Nonetheless, it’s safe to say that China is one of the biggest collections of counterfeiting markets in the world. 

Online counterfeiting markets

However, as technology has advanced rapidly in recent times, the physical markets are not the only methods of trading for counterfeiters anymore. 

Online trading is their haven now. 

In our modern society, some outrageous individuals and organizations even commit to trading and selling counterfeit goods through live-streaming in broad daylight, and in most cases, they receive no sentences or consequences for doing such actions under the law. 

Not just live-streaming to sell fake goods, the counterfeiters also conducted many other illegal actions utilizing the Internet and its connection worldwide. 

According to the USTR report, there have been many illegal sites that deal with counterfeiting actions. Some of the major sites are movie streamer Fmovies, digital pirated book site Libgen, MP3juices for ripped music, MPGH a site dedicated to gaming hacks as well as Rapidgator, one of the largest file-sharing websites in the world, or Israel’s RevenueHits – one of the most popular and largest revenues generating advertising networks for piracy sites.

The solutions to demolish these pirated sites

As we can see from practice, anyone can go to Google and search for a movie they want to see and there will be countless illegal sites that provide free movies, pictures, etc. 

This means that the management of pirated sites on the Internet has not been strict enough for violators to be afraid.

Consequently, IP owners should contribute their strengths to this battle by updating the 2021 Notorious Markets list, as well as many other reports such as the one expected to be issued in Q4/2022 by the EU Commission, and using that database to inform the officials who have the authority to hinder or even completely shut down pirated sites and markets. 

AAA IPRIGHT – Global IP – Global Trademark Registration

Contact AAA IPRIGHT: Email: [email protected]

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