Intellectual property rights owners are increasingly feeling the pressure from the counterfeit goods that are invading the global market. Societies worldwide also suffer, as countless people are either slaves to these criminal black marketers or victims of their faulty products. The second part of this two-part feature takes a look at some of the economic and social problems posed by counterfeiting and other IP rights violations.
December 24, 2019
Ever-increasing internet penetration and the proliferation of constant connectivity have sparked new intellectual property protection concerns in recent years. With the e-commerce market in Southeast Asia projected to reach USD 102 billion by 2025, online infringement threatens to dampen this economic surge, and rights holder must rise to meet these new challenges in addition to their conventional methods of combatting infringement.