‘Too many cooks spoil the broth’ is not to be applied to Chaudhry’s study of illicit trade

‘Too many cooks spoil the broth’ is not to be applied to Chaudhry’s study of illicit trade Journal of Intellectual Property Law & Practice, 2018, Vol. 0, No. 0 IP IN REVIEW 1 IP in Review Part II provides an overview of governments’ initiatives ‘Too many cooks spoil the broth’ is not to thwart illicit trade in the USA, Mexico and China’s to be applied to Chaudhry’s study of e-commerce. Part III, written by industry experts, focuses illicit trade on counterfeit goods in three high-profile sectors: phar- maceuticals, luxury goods and tobacco. Chapter 9 on lux- Nora Ho Tu Nam and Marius Schneider* ury goods thus sets out what motivates the purchase of ‘loxury’ (‘low luxury’ as coined by Cesareo, Pastore & Handbook of Research on Counterfeiting and Illicit Williams) and the evolving responses by companies to Trade counterfeiting over the years. Part IV tackles a dynamic Peggy E. Chaudhry that is fast becoming unavoidable to all in the field of in- Edward Elgar, 2017 tellectual property: illicit trade and the Internet. Starting ISBN: 9781785366444, hard cover, pp. 496 off with a general overview of the magnitude of piracy on Price: £180.00 the Internet, Part IV then discusses the impact of social media on the infringement of intellectual property rights, in particular counterfeits; the shifts caused in the music Counterfeit and illicit trade is a booming business. Even at industry by technological innovations; online branding a time where law enforcement agencies are clamping and the presence of malwares such as ransomware and down on illicit trade with increasingly sophisticated meth- malvertising on websites offering illicit products and serv- ods, and manufacturers, authorities, academics and other ices. The final part, Part V, discusses anti-counterfeiting agencies are encouraging customers to abandon fakes, il- tactics and their effectiveness. Yang and Sonmez in licit trade keeps on growing. One way put forward to solve Chapter 17 review various anti-counterfeiting strategies this problem is to adopt a multi-stakeholder perspective and assess their efficiency. Their results are summed up in in analysing the problem of illicit trade. In the Handbook a table, whose conciseness deserves to be highlighted. The of Research on Counterfeiting and Illicit Trade, the editor other chapters in Part V discuss anti-counterfeiting tactics Peggy E. Chaudhry does so by bringing together contribu- to diffuse consumer demands, the role of physical and on- tors from various countries and disciplines (academia, line intermediaries used, knowingly and unknowingly, to customs authorities, the private sector, legal experts ...) produce, supply and distribute counterfeits, and the detec- to share their perspectives on the growth of illicit trade, tion of counterfeits in the supply chain. including counterfeits and Internet piracy; the aim of the Peggy E. Chaudhry’s book proves a thought-provoking book being to provoke discussions and assist stakeholders read which will appeal to those looking at crafting solu- to eradicate further growth in illicit trade. tions to curb illicit trade, whether right-holders, policy- The book is divided into five parts, which comprise 18 makers, enforcement agencies, lawyers or academics. Not chapters. Part I discusses the need to approach illicit trade only should the multi-perspective nature of the book, in in an innovative manner, highlighting key aspects for suc- terms of both its audience and authors, be highlighted, cessful global enforcement such as understanding the but the practical orientation of the book is remarkable as criminal opportunity risk for product counterfeiting, and well. In nearly every chapter, the authors have endeav- the alarming trend of using illicit trade as a front and a oured to analyse the problem at hand and provide conduit for money laundering and terrorist financing. The practical solutions. The result is a well-written, clear and first two chapters highlight the connection between practical book, crafted under the expert hand of organized crime, terrorism and illicit trade, making it clear Chaudhry. that there is more to counterfeits than meets the eye. This sets the stage for the last chapter in Part I, which analyses doi:10.1093/jiplp/jpy080 the soft law applicable to trade-based money laundering. *IPvocate Africa. Email: office@ipvocateafrica.com. V C The Author(s) 2018. Published by Oxford University Press. All rights reserved. Downloaded from https://academic.oup.com/jiplp/advance-article-abstract/doi/10.1093/jiplp/jpy080/5032557 by Ed 'DeepDyve' Gillespie user on 07 June 2018 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Intellectual Property Law & Practice Oxford University Press

‘Too many cooks spoil the broth’ is not to be applied to Chaudhry’s study of illicit trade

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Oxford University Press
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© The Author(s) 2018. Published by Oxford University Press. All rights reserved.
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1747-1532
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1747-1540
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10.1093/jiplp/jpy080
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Abstract

Journal of Intellectual Property Law & Practice, 2018, Vol. 0, No. 0 IP IN REVIEW 1 IP in Review Part II provides an overview of governments’ initiatives ‘Too many cooks spoil the broth’ is not to thwart illicit trade in the USA, Mexico and China’s to be applied to Chaudhry’s study of e-commerce. Part III, written by industry experts, focuses illicit trade on counterfeit goods in three high-profile sectors: phar- maceuticals, luxury goods and tobacco. Chapter 9 on lux- Nora Ho Tu Nam and Marius Schneider* ury goods thus sets out what motivates the purchase of ‘loxury’ (‘low luxury’ as coined by Cesareo, Pastore & Handbook of Research on Counterfeiting and Illicit Williams) and the evolving responses by companies to Trade counterfeiting over the years. Part IV tackles a dynamic Peggy E. Chaudhry that is fast becoming unavoidable to all in the field of in- Edward Elgar, 2017 tellectual property: illicit trade and the Internet. Starting ISBN: 9781785366444, hard cover, pp. 496 off with a general overview of the magnitude of piracy on Price: £180.00 the Internet, Part IV then discusses the impact of social media on the infringement of intellectual property rights, in particular counterfeits; the shifts caused in the music Counterfeit and illicit trade is a booming business. Even at industry by technological innovations; online branding a time where law enforcement agencies are clamping and the presence of malwares such as ransomware and down on illicit trade with increasingly sophisticated meth- malvertising on websites offering illicit products and serv- ods, and manufacturers, authorities, academics and other ices. The final part, Part V, discusses anti-counterfeiting agencies are encouraging customers to abandon fakes, il- tactics and their effectiveness. Yang and Sonmez in licit trade keeps on growing. One way put forward to solve Chapter 17 review various anti-counterfeiting strategies this problem is to adopt a multi-stakeholder perspective and assess their efficiency. Their results are summed up in in analysing the problem of illicit trade. In the Handbook a table, whose conciseness deserves to be highlighted. The of Research on Counterfeiting and Illicit Trade, the editor other chapters in Part V discuss anti-counterfeiting tactics Peggy E. Chaudhry does so by bringing together contribu- to diffuse consumer demands, the role of physical and on- tors from various countries and disciplines (academia, line intermediaries used, knowingly and unknowingly, to customs authorities, the private sector, legal experts ...) produce, supply and distribute counterfeits, and the detec- to share their perspectives on the growth of illicit trade, tion of counterfeits in the supply chain. including counterfeits and Internet piracy; the aim of the Peggy E. Chaudhry’s book proves a thought-provoking book being to provoke discussions and assist stakeholders read which will appeal to those looking at crafting solu- to eradicate further growth in illicit trade. tions to curb illicit trade, whether right-holders, policy- The book is divided into five parts, which comprise 18 makers, enforcement agencies, lawyers or academics. Not chapters. Part I discusses the need to approach illicit trade only should the multi-perspective nature of the book, in in an innovative manner, highlighting key aspects for suc- terms of both its audience and authors, be highlighted, cessful global enforcement such as understanding the but the practical orientation of the book is remarkable as criminal opportunity risk for product counterfeiting, and well. In nearly every chapter, the authors have endeav- the alarming trend of using illicit trade as a front and a oured to analyse the problem at hand and provide conduit for money laundering and terrorist financing. The practical solutions. The result is a well-written, clear and first two chapters highlight the connection between practical book, crafted under the expert hand of organized crime, terrorism and illicit trade, making it clear Chaudhry. that there is more to counterfeits than meets the eye. This sets the stage for the last chapter in Part I, which analyses doi:10.1093/jiplp/jpy080 the soft law applicable to trade-based money laundering. *IPvocate Africa. Email: office@ipvocateafrica.com. V C The Author(s) 2018. Published by Oxford University Press. All rights reserved. Downloaded from https://academic.oup.com/jiplp/advance-article-abstract/doi/10.1093/jiplp/jpy080/5032557 by Ed 'DeepDyve' Gillespie user on 07 June 2018

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Journal of Intellectual Property Law & PracticeOxford University Press

Published: Jun 3, 2018

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