More than 20,000 pairs of counterfeit Nike sneakers, as well as fake batteries, baseball caps and Louis Vuitton handbags, were among $25 million in goods seized in raids in New York City, on Long Island and in New Jersey, the authorities said on Wednesday. Two men, called â€œmidlevel warehouse runners,â€ were arrested this month on federal counterfeiting charges. [link]
What I have always wondered isâ€¦does suppressing the counterfeit market really bolster the sales of the originals. 99% of people who buy the 20$ knock-offs at Canal Street, will never buy a 1500$ original. So its not really affecting the sales of Vuitton. In the same way, a fake is easily identifiable. It fools no one. So why spend all the time and effort going after them. I know my arguement is not wholesome. Comments welcome.