Counterfeit Goods News
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Illegal trade in goods, natural resources, drugs and people is generating $90 billion a year for criminal networks in East Asia and the Pacific, according to a report today by the United Nations Office on Drugs and Crime.
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For decades, made-in-Asia luxury has been shorthand for “fake.” Now, companies from South Korean bag maker Couronne to Malaysian dressmaker Farah Khan are making a case for homegrown chic.
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VirnetX Holding Corp. said it filed a request for a new trial after losing a patent-infringement lawsuit against Cisco Systems Inc.
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Monsanto Co. and DuPont Co., the world’s largest seed companies, agreed to drop their respective antitrust and soybean patent lawsuits and enter into licensing agreements for making genetically modified crops.
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Amazon.com Inc., the world’s largest online retailer, has received a patent covering a marketplace for used digital objects.
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U.S. authorities charged 29 people with smuggling $325 million in counterfeit consumer goods from China, including phony Nike sneakers and Coach handbags, through a New Jersey port.
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U.S. federal courts ordered the seizure of 150 domain names for websites alleged by authorities to have sold counterfeit goods in violation of copyright and other intellectual property laws, said a law enforcement official who wasn’t authorized to discuss the matter.
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A U.S. immigrant from China was sentenced to 37 months in prison for trafficking in more than a million counterfeit Trojan condoms.
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U.S. Securities and Exchange Commission Inspector General H. David Kotz is leaving the agency after four years to join a private investigative firm.
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A brother and sister were sentenced to prison for their roles in a counterfeiting ring that brought more than a million fake Trojan condoms into New York City.
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