Counterfeit products are especially problematic for firms that have significant profit margins associated with intellectual property rights such as software makers, entertainment content businesses (i.e., music producers), and branded products.

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Counterfeit products can result in significant revenue losses for firms that hold intellectual property rights, as they are unable to earn profits from genuine products. This is particularly true for software makers, music producers, and companies that sell branded products, which often have high profit margins associated with their intellectual property rights.

Counterfeit Products Are Especially Problematic for Firms That Have Significant