$2B Counterfeit Microsoft Business

Chinese courts convicted 11 people of copyright infringement in what turns out to be an enormous fleece. Microsoft and the FBI had been tracking the ring since 2001 and has found illegal material in 36 different countries. The ring was exporting most of the products to countries where they could sell the nearly identical to the real thing products for a much higher price than the $3 similar products would sell for in China. It has been estimated that 80% of computers in China have pirated software on them. The full NYtimes.com article can be read here.

December 31, 2008 In: Government, International, Web/Tech Comments (None)