Re: There isn't a real problem with counterfeit products copying overpriced tat
Agreed. Someone who knowingly buys counterfeit luxury goods is not someone who would buy the original luxury goods. They don't want to pay the price, so it is not a lost sale.
And, I would argue, someone buying a luxury item at a vastly reduced price knows exactly what they are buying.
It's only the person who is willing to pay full price, but gets nabbed by a counterfeit at, say 30% off, who is being harmed and the sale lost for the original company.
I wonder how often that actually happens ?