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Japan content piracy and fake goods cause ¥10.4 trillion in damage
(www.japantimes.co.jp)
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this post was submitted on 28 Jan 2026
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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Yes, counterfeit goods. Because not only is it entirely plausible that the manufacturing and material cost a small leather bag approaches the sticker price (eg Louis Vuitton) but also, the person who paid $200 for the knockoff is confused and easily would have paid 10-20x more for the same item, made in the “right” factory.
Truly a loss to the economy.