Illegal Trade

Week 6: Illegal Trade

LEGAL

MORAL

ETHICAL

FINANCIAL

This has been an ongoing problem. You most likely have heard of it yourself at some point in your life or have seen knock off’s of actual products that someone is else made to sell illegally. We think nothing of it really, but what is this person or persons really doing? I know its an illegal act for them to sell to the public, but what legal issues are being raised? For starters it is violating that particular company or companies that do sell the actual product or products that are being illegally copied and sold. These transactions are copyright infringement and complete disregard of the trademark. The Companies themselves lose exponential amounts of money. Somethings that are sold however that are not “real” are brakes for cars or air bags that are sold at great expenses to only fail on that victim who bought it in the first place. This is also done to medicine products that may not do anything, but put the person at an even greater risk than they were probably to begin with.

Morally and ethically this the wrong thing to do to someone else to sell something that doesn’t work and possibly putting others in harm’s way. Taking away money from a legit company that has the legal right to their products.

 Financially these people are making A LOT of money that is tax free. Also Employing people (not all people some are slaves to these organizations) to make and sell to the public. Making the act of stoping these kinds of things from happening impossible.