Wang IP Law Group, P.C.
Local 626-269-6753
Toll Free 888-827-8880


The International Organization for Standardization (ISO) released a report earlier this year detailing the continual rise in counterfeiting, which has become a big business that can be detrimental to small businesses and consumers.

Counterfeiting reaches a diverse array of industries including, but not limited to, food, drinks, currency, apparel, pharmaceuticals, electronics, automobile parts, cigarettes, toys, toiletries, and building materials. Counterfeiters work by copying a design and sell a cheaper version of the product, or simply put another brand's logo or name onto their goods.Screen-Shot-2014-08-28-at-10.49.52-AM-300x282.png

Not only is nearly every area of industry adversely affected by counterfeiting, but the illegal trade is projected to cost legitimate companies worldwide $500-700 billion every year.

The International Chamber of Commerce (ICC) predicts that by 2015, counterfeit goods will be valued over $1.7 trillion internationally, which is more than 2% of the world's economic output now. These numbers indicate the exorbitant threat counterfeiting poses to the shelf life of a company, let alone a small business. Low turnover, stolen intellectual property, expensive lawsuits and increased prices are just a few examples of the impact knock-offs have on businesses.

Because small businesses typically lack the same pool of resources that larger companies have to battle counterfeiting, their success is open to more damage, especially in the long run. What small businesses can do is to invest in and utilize their intellectual property rights. A recent article in Forbes listed "not getting a patent, copyright or trademark" as one of the top ten legal mistakes small businesses make. However, small businesses that obtain the types intellectual property pertinent to their product take a significant step in protecting and expanding their profitability.

Small businesses can also maintain the security afforded by intellectual property rights by keeping an eye out for counterfeits and reporting infringements. For example, business owners can browse for knock-offs in online marketplaces and auctions, and report counterfeits directly to them or to law enforcement authorities. is a federal website that provides a wide range of intellectual property tools and information. Intellectual property owners can record their marks and copyrights using an online tool by the U.S. Customs and Border Protection in order to help the agency prevent infringements from crossing into U.S. borders. The help of a quality legal team can serve in protecting, and should the occasion arise, enforcing valuable patents, trademarks, and copyrights.

No Comments

Leave a comment
Comment Information
Contact Us To Get Started

Contact Us To Get Started

Contact our office to schedule a free, initial consultation by dialing 888-827-8880 or by completing our brief, online questionnaire. Based in Los Angeles, our firm represents clients throughout California and in China, Hong Kong, Taiwan, Japan and Israel.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Our Locations

18645 East Gale Ave.
Suite 205
Industry, CA 91748

Phone: 626-269-6753
Map & Directions

Los Angeles
355 S. Grand Ave.
Suite 2450
Los Angeles, CA 90071

Toll Free: 888-827-8880
Phone: 626-269-6753
Map & Directions

18662 MacArthur Blvd.
Suite 158
Irvine, CA 92612

Phone: 626-269-6753
Map & Directions

Taiwan - Taipei
37F Taipei 101 Tower, No.7, Sec. 5 Xinyi Road
Taipei, Taiwan 11049

Map & Directions

QR Code