A study regarding counterfeiting
According to the conclusion of an annual report of the representatives of the Trade Committee of the USA (USTR), Argentina, Colombia, Ecuador and Paraguay are on the list of the twelve countries which have the greatest number of markets selling counterfeit products. China is the country which has the largest quantity of informal markets. Spain, Ukraine, India, Indonesia and Tailand complete the list of the twelve countries.
The annual report called “Special 301 2013” describes the example of the well known “Saladita market ” which is located in Buenos Aires, Argentina. It is consider as the biggest black market in South America. Also mentioned are the Colombian chain of markets called “San Andresita” located in Bogotá and Cali; the ecuatorian “la Bahia” from Guayaquil and the Mexican market of “Tepito” in Mexico City.-
Counterfeiting is an issue that concerns every company in the whole word and affects every country. Intellectual Property rights are being constantly infringed.