Product piracy

Counterfeit designer shirts

Underwear from Thailand, with a name resembling that of a well-known brand

Counterfeits of a well-known French spirit

Product piracy or brand piracy is the fact that goods with aname that is similar to a well-known brand are produced, and sold cheaper than the original brand. In the long run, the owner of the original brand name has a difficult time justifying the higher prices.