LifeSmarts Consumer Rights Vocab 2

Authentic

Real, genuine, of undisputed origin

Certification mark

A symbol that verifies a product or service meets specific standards; the UL Mark is an example

Counterfeit

An item that uses someone else's trademark without their permission; an imitation intended to deceive

Deceptive counterfeit goods

Counterfeit products consumers believe to be genuine

Dupe influencer

A social media influencer who reviews and links to counterfeit products

Deceptive Product

Goods that are not what they claim to be; products may be inferior, counterfeit, defective, and dangerous

False certification

Products with fake claims of certification and test result

Gray market

The sale of genuine products that are diverted from authorized distribution channels and sold by third-party vendors

IP protection

Intellectual property protection; legal system that allows intellectual property to be patented, therefore licensed and protected, so that people can turn their ideas into profit, spurring innovation

Intellectual property rights

Rights associated with intangible assets, often called creations of the mind, which are protected by copyrights, trademarks, and patents

Intellectual property rights violation

Any product that infringes on US trademarks and copyrights

Knockoff

A product that closely resembles a brand name item but is not identical

Non-deceptive counterfeit goods

Counterfeit products consumers generally understand are not genuine

Piracy

Stealing original work, usually by downloading or copying the work without paying and without permission

Replica

A new term used by counterfeiters to describe items that are identical or very similar to brand name products; especially used by social media influencers to describe shoes and handbags

Third-party seller scam

Schemes devised by some independent sellers to defraud shoppers by selling fake products through online popular marketplaces

trade secret infringement

When a third-party uses key information to benefit economically