Which of the Following Is True of Counterfeit Goods

question 18

Multiple Choice

Which of the following is true of counterfeit goods?

• A) Developed nations normally have the most active counterfeiting markets.
• B) Counterfeiting is more common among less visible local brands than global brands.
• C) Most counterfeit products are imitations of products that normally enjoy legal protection.
• D) Engineered industrial components and medicines are among the few categories of products that cannot be counterfeited.

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Definitions:

Tying Arrangement

A sales agreement in which the sale of one product is dependent on the buyer purchasing another product.

Competitive Harm

Refers to damage or disadvantage caused to a competitor or the competitive landscape by anti-competitive practices or behaviors.

Per Se Illegal

A term used in antitrust law referring to certain business practices that are considered illegal by their very nature, without the need for further examination of their effects.

Exclusive Dealing

An agreement where a seller agrees to sell, and a buyer agrees to buy, products or services exclusively from each other.