4 ms·
Agreed, and his argument ignores the market for a large proportion of counterfeit sales - not sold as originals, but sold as counterfeits, for substantially low
by creeble 5y ago
Agreed, and his argument ignores the market for a large proportion of counterfeit sales - not sold as originals, but sold as counterfeits, for substantially lower cost than the original.
- an_opabinia 5y agoThis makes a lot more sense. What producers actually want is an enforceable monopoly on trade dress (the look and design of something), not authenticity or even scarcity. This is why the most successful art market is probably video game cosmetics, where the game developer can meaningfully enforce that they are the only ones who can provide an X that looks the way it does. Even though an unlimited number of people can have it.