Killing the Snake: How Counterfeiters Can Be Found and Eliminated
According to the 2018 Global Brand Counterfeiting Report, global product counterfeiting “has reached $1.2 trillion,” … and that is only what has been caught and reported. To put that in perspective, that’s about 1.2% of everything sold worldwide. Left unmitigated, there is a 1 in 20 chance of a consumer purchasing counterfeited electronics, cosmetics, apparel/footwear, medicine, or food/beverage!
This talk will describe how owners of brands and intellectual property are losing billions of dollars in revenue every year to counterfeiters, and how companies go about catching counterfeiters and make them go away: the process is like killing a snake – the tail, the body and the head. Consumers are being deceived, and this deceit can often have dangerous consequences.
Finding and fighting counterfeiters is hard work and may be a relentless task – but protecting your inventions, brands, and trademarks, and ultimately a company’s revenue is critical to maintaining a brand’s value. The best anti-counterfeiting strategies employ technology and a team of multi-discipline professionals, usually led by a legal team.
About the speaker, Imran F. Vakil of Nexio PC
Imran F. Vakil is an intellectual property lawyer, business litigator, and Managing Attorney at Nexio PC. Having been attorney of record in over four hundred state and federal cases, TTAB actions, arbitrations, and mediations, Imran has expertise in the litigation of trademarks, trade dress, copyrights, trade secrets, patents, unfair competition and commercial disputes.
Rosemary Coates is an Expert Witness for legal cases involving global supply chain matters. She is also the President of IEEE-CNSV member, and has spoken at four previous CNSV events., a Global Supply Chain consulting firm, and Executive Director of the . Rosemary is a best-selling author of and . She is also an
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