Econ 101 for NYT Reporters: Unauthorized Copies Are Not Necessarily Counterfeit

The NYT had a major article focused on a Chinese man who makes his living by exposing retailers for selling unauthorized versions of clothes, shoes, and other retail products. His income comes from the government, which rewards people who find unauthorized copies of products being sold in stores. The article repeatedly refers to these items as "counterfeit." This is inaccurate.

While all the items noted in the piece are in principle being sold without the consent of the named manufacturer, ma...

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Published on November 30, 2016 21:11
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