Pirated goods will therefore have no room to trade because the market will be flooded by genuine goods which are widely used by the citizens Wall Street, 2005()
In creating awareness i.e. using Anti-piracy, the government should increase education of public officials, customs and law enforcement officers to ensure products are not easily pirated while companies must take the lead in raising awareness, educating the public and decision makers on the harms and costs of product piracy. This kind of education helps to increase the effectiveness and discourage consumers from buying counterfeited and pirated products such as movies, music, softwares Smith and Telang, 2009()
Free trade zones provide some of the entry points of pirated goods into a country. Government can reduce or even stop the entry of such counterfeit products through regulating the market and having few agents to trade on behalf of individual or medium companies which form the majority. By reducing the number of individual traders, the commodities' genuineness can be certified easily hence reducing some of them passing unnoticed into the market.
Conclusion
Piracy is really killing most manufacturing companies since they can no longer compete with the production capacity of these pirated goods. These pirated goods are everyday penetrating the market hence affecting the market of genuinely produced goods. Many companies and...
The fact that the country's huge social instability and unemployment rate is somewhat alleviated by counterfeiting also encourages the police to ignore the problem. Pfizer adopted a 4-prod approach to their problem - and this is actually a recommendation for all companies to adopt as means of problem-resolution: the problem was delineated Investigation was conducted into the extent of the problem Plans were brainstorming A specific plan was adopted and implements. Their first step was
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