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Counterfeit goods are a good example where it's not black and white. Say Louis Vuitton runs a factory, and it's workers sneak back into the factory, make a coup
by ehmish 8y ago
Counterfeit goods are a good example where it's not black and white. Say Louis Vuitton runs a factory, and it's workers sneak back into the factory, make a couple of handbags and then sell them themselves, literally the exact same product as Louis Vuitton sells, but isn't sold by Louis Vuitton, I would say that is still a genuine "Louis Vuitton handbag", on the second level, whether or not counterfeiting is bad is also not black and white, counterfeiting makes it harder for companies to sell their products, but also reduce prices for consumers by increasing competition.