
Mathematic model can guide anti-counterfeit strategy
ShoppingBrand owners often cite a lack of data about the way counterfeits penetrate the supply chain as a barrier to tackling the problem, but researchers in China are developing mathematical models to help them understand how the illicit market functions.Their research focuses not on non-deceptive counterfeits – such as a $20 Louis Vuitton bag that the purchaser clearly knows is not genuine – but rather fakes which are deceptively packaged and sold as authentic brand name products via the brand owner’s supply chain.
Related Posts
Fake sanitiser unit busted in Agra, 2 held
AGRA: A fake sanitiser manufacturing unit was busted here and two people running...
6k litre liquor worth 35L seized in a week
Dehradun: The Uttarakhand police and the excise department have collectively...
Underhand resellers under fire as Fair Trading seizes thousands of fake Apple, LG, Samsung, Huawei and Motorola products
“Retailers should not be selling unapproved products and consumers should avoid...
Chennai Customs seize gold and foreign currency worth over Rs 1.3 crore
In three separate incidents, the Chennai Air Customs seized 2.9 kg gold worth...


