Branding pays off, says report, but product forgery costs companies dear
According to a research report entitled "Most Trusted Brands 2002" by
"Przeglad Reader's Digest" around 94% of customers from 18 countries,
including Poland, claim that branded products are better than their
non-branded competitors while 76% consider the brand of a product while
making a purchase. Despite that, however, imitating a given brand is
becoming more and more popular in Poland. The practice of brand forgery has
become a problem which branded producers have to take account of when
planning their budgets. They are concerned that if courts do not start
enforcing regulations on fighting unfair competition, companies will have to
reduce employment as well as limit production and investments. LU Polska, a
producer of biscuits, has for some time been trying to launch a campaign
against dishonest trading. "We estimate that unfair competition of producers
imitating our brand has already taken away around 5% of the market," claimed
Magdalena Potocka-Rak, the company's spokesperson. (Prawo i Gospodarka, p.
9) A.Z.