Ekonomski Signali (Jan 2021)

Brand and legal protection as a prerequisite for successful business

  • Kostadinović Svetolik,
  • Kostadinović Ivan,
  • Krasić Danijela

DOI
https://doi.org/10.5937/ekonsig2102023K
Journal volume & issue
Vol. 16, no. 2
pp. 23 – 38

Abstract

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Product labeling has been carried out since the market existed, and the two main functions from the very beginning were to show the origin of the product and guarantee quality. A trademark or symbol serves to protect manufacturers and consumers from possible false substitutions, as a sign of differentiation from the same or similar products, and is a guarantee of quality. Technologies undoubtedly bring us numerous improvements. However, numerous studies show that digital piracy and the damage it does to the economies of many countries is very great. It is estimated that almost a million victims are reported worldwide each year, or 12 victims per second, a figure that speaks to the seriousness of the problem and the need for perpetrators to be prosecuted. The abuses are massive, and the instruments are the Internet, global social and computer networks, piracy, counterfeiting brands, misuse of bank payment cards, and many others. There are many ways to fight high-tech crime and brand piracy, and top experts in the field of IT and computers, special teams and legislation are engaged in that fight.

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