Product piracy
Appearance
![](http://upload.wikimedia.org/wikipedia/commons/thumb/5/53/Counterfeit_designer_shirts.jpg/220px-Counterfeit_designer_shirts.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/b/bd/Calven_Kiein_Underwear_Piracy_Thailand.jpg/220px-Calven_Kiein_Underwear_Piracy_Thailand.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/4/46/Chartreuse-fake.jpg/220px-Chartreuse-fake.jpg)
Product piracy or Brand piracy is the fact that goods with aname that is similar to a well-known brand are produced, and sold cheaper than the original brand. In the long run, the owner of the original brand name has a difficult time justifying the higher prices.