"Counterfeiting and piracy costs the US up to $250bn each year"
This is a stupid figure, because one cannot sum up the "value" of all pirated or counterfeited goods and say that this is a "cost" or even "lost revenue". If someone has a dozen pirated games, he surely wouldn't buy the same dozen if piracy was not possible, because he usually has a limited income. People who buy a chinese "Rolex" for 10$ won't ever spend 10k for a genuine one even if one erradicates counterfeiting. Entertainment/Leisure industry should understand that people usually have a limited budget (I guess they do?) : if people put more money in xbox games they will put less in CDs or DVDs or cinema or whatever.
I'm not saying piracy or counterfeiting is good. But such figures are just political garbage. If that was true, can someone explain where the $250bn come from ($80k/US citizen/year!) and go (China?).
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Piracy costs
"Counterfeiting and piracy costs the US up to $250bn each year"
This is a stupid figure, because one cannot sum up the "value" of all pirated or counterfeited goods and say that this is a "cost" or even "lost revenue". If someone has a dozen pirated games, he surely wouldn't buy the same dozen if piracy was not possible, because he usually has a limited income. People who buy a chinese "Rolex" for 10$ won't ever spend 10k for a genuine one even if one erradicates counterfeiting. Entertainment/Leisure industry should understand that people usually have a limited budget (I guess they do?) : if people put more money in xbox games they will put less in CDs or DVDs or cinema or whatever.
I'm not saying piracy or counterfeiting is good. But such figures are just political garbage. If that was true, can someone explain where the $250bn come from ($80k/US citizen/year!) and go (China?).