This article is the first in a four-part Ocean Tomo Insights series focused on strategies of managing standard essential patent (SEP) assertions. Each installment will address a specific stakeholder group — implementers, innovators, outside counsel, and suppliers — and explore how understanding technical standards, SEPs, and technical analysis can support proactive risk assessment, litigation defense, and strategic positioning in SEP disputes. […]
The Impact of Counterfeit Goods in Global Commerce
Introduction Counterfeiting has been described as “the world’s second oldest profession.” In 2018, worldwide counterfeiting was estimated to cost the global economy between USD 1.7 trillion and USD 4.5 trillion annually1, as well as resulting in more than 70 deaths and 350,000 serious injuries annually.2 It is estimated that more than a quarter of US […]
Business Intelligence – A Key Strategy in the Battle Against Counterfeit Goods in the Supply Chain – Part 2
As I shared in Part 1 of my article Business Intelligence – A Key Strategy in the Battle Against Counterfeit Goods in the Supply Chain, identifying counterfeit goods is the first step in the battle. But removing one batch of counterfeit goods won’t stop the next batch from appearing. In order to fight back, some […]
Business Intelligence – A Key Strategy in the Battle Against Counterfeit Goods in the Supply Chain (Part 1 of 2)
According to the Organization for Economic Cooperation and Development (OECD), the international forum composed of 37 democracies with market-based economies, counterfeit and pirated goods represent approximately 3.3% of all global trade volume. Counterfeit goods may not only infringe patents, trademarks, copyrights, and other forms of intellectual property but pose a great reputational risk to the […]