How patents and trademarks can be used to deal in piracy as a socio economic issue
Answers
Patents and trademarks are private of every company and no one has the rights to copy it, if the company has proper documents of copyrights and patents they have the rights to file a case against someone who tries to steal their logo, name of the company or even the slogans can be put under prison as per the laws
When we talk about piracy, especially the socio economic kind, we refer to the emerging trend of duplicity and ‘remake’ of many products.
Though the prices are cheaper than the original, imagine you flaunting a Gucci backpack which in reality is not Gucci but a flake, you think that what you are paying just 1/3 of the price and getting a great deal.
In reality, the patents and trademarks with respect to the materials used and the quality of stitching done is not the same as the fake one.
You may end up paying more than the fake is worth.
When we talk about piracy, especially the socio economic kind, we refer to the emerging trend of duplicity and ‘remake’ of many products.
Though the prices are cheaper than the original, imagine you flaunting a Gucci backpack which in reality is not Gucci but a flake, you think that what you are paying just 1/3 of the price and getting a great deal.
In reality, the patents and trademarks with respect to the materials used and the quality of stitching done is not the same as the fake one.
You may end up paying more than the fake is worth.