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TXC 174 (for MT 2)

TXC 174 (for MT 2) - Fakebusiness Thailand,italy,china...

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Fake business 18:57 Thailand, italy, china -taking adv of globaization -counterfeits -customs -incraseing -chinatown in NY counterfeit painless, colorless give product bad reputation -main supplier -FBI agents -search warrant -hidden rooms -stick brand name on later -get info from accounting files  analyse all the data 
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-10 years record -import viet, make goods mainland Chinese, export hk Nigeria, Lagos -dangerious city -fakes 20% cheaper -from china -want to sell BIC cheaper but cant  -counterfeits have bad quality, rasors breaking  -destroy fakes -internet HK -counterfeit now hidden
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Ch. 5 Illegal & unethical trade activities 18:57 I. Violation of intellectual property laws IP-rights over the creations of your mind o Note in table 5.1 not all ideas have equal protection Each country has its own IP laws-you need to register your trademark in each  country where you plan to do business Two main international organizations working on IP issues  o World intellectual property organization (WIPO)-specialized agency of the  UN the goal is a balanced approach to IP 184 countries are members of WIPO decisions about directions and activities are made by the members a big issue now is domain names-problem with “cybersquatting” b/c of  first come first served policy o TRIPS council of the WTO (trade related aspects of IP rights) Published a minimum level of IP protection that each member of WTO  has to grant the others; a basic principle is most favored nation  treatment; another is national treatment (treat the nationals and ppl in  other countries the same ) Disputes are handled by the WTO dispute settlement body; these 2  groups do cooperate Licensing contracts Transshipment o Illegal transshipment Ship thru a 3 rd  country for quota and/or tariff reasons to claim the 3 rd  country as the country of origin  o Legal transshipmebt
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