Most-imitated labels in 2000: Channel, DKNY.and Xerox?
Bogus designer handbags, sunglasses and watches have always been big business. But what are the latest items to become hot black-market commodities? Think consumable supplies (print cartridges, and copier toner and developer). The Imaging Supplies Coalition (www.isc-inc.org), a trade association of imaging-supply manufacturers, estimates the counterfeit market for these products has reached a rather shocking $1 billion per year.
Xerox Corp., for one, is taking an aggressive approach to thwarting crooks. To help consumers identify counterfeit supplies, Xerox's Web site (www.xerox.com/supplies) lists high-risk products. And the Imaging Supplies Coalition's "When in doubt, check it out" program invites consumers to send in suspect products to be checked for authenticity.
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!