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What are the negative effects of counterfeiting on companies?

Counterfeiting or duplication is not only harmful to the consumers but is equally detrimental for the companies. Moreover, counterfeiting not just affects big brands- assumed by many
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How anti-tampering labels help in securing the product?
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How anti-tampering labels help in securing the product?

Whether it’s a medicine, food item or a makeup kit, consumers always want to be sure about the genuineness of the product.
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The growing problem of counterfeit footwear
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The growing problem of counterfeit footwear

A recent report by OECD (Organisation for Economic Co-operation and Development) and EU’s (European Union’s) Intellectual Property Office
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*With results driven from specific use cases and would vary as per implementation
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