Onyxmeth said:
A good example with physical goods like clothing is knockoff merchandise/imitation goods. It's a big problem in large, urban US cities. There's lost value for the real manufacturer in the ability for consumers to acquire a fake NFL jersey from a black market dealer for $10-20 instead of the $60-80 it costs to buy a legal, officially licensed one. Women's purses/bags are also popular knockoff items. |
In fashion it is not a problem, it is actually helpful.
http://freakonomics.blogs.nytimes.com/2010/03/03/behind-the-scenes-of-oscar-fashion/
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