In the IP business, when you hear the word “counterfeiting,” you think — you know, fake Louis Vuitton handbags, Rolex “replicas,” that sort of thing.
Well that’s counterfeiting, yeah. But then there’s… counterfeiting counterfeiting! This infographic doesn’t skip over the old-fashioned, wrath-of-J.-Edgar-Hoover-type currency counterfeiting. Enjoy it.
Just one thing — when you see assertions like the one on top of the infographic (“By 2015, [the] ICC expects the value of counterfeit goods globally to exceed $1.7 trillion”) — don’t be too too credulous. Those estimates tend be, er, funny money — “massively overstated.” But that doesn’t mean it’s not a problem. Although if I don’t get some new antipiracy work myself soon it might start to not be one and I might start to say so.
Kidding! It’s a real problem, and it’s not only China’s fault. But I digress — as I said, enjoy the infographic!
Infographic by Camcode
Originally posted 2015-07-08 11:30:31. Republished by Blog Post Promoter
I recall there being a rash of Bell JetRanger crashes due to counterfeit ball joints a couple of decades back. the fakes would give way in mid-flight, sending rotors flying.
That is awful. There’s no question that there are situations where counterfeiting is murder.