The NYT must get this straight. With a counterfeit product the buyer is deceived. The buyers of the low-cost cell phone knock-offs in China are not being deceived. They are happily buying copies of name-brand phones which they know are not actual name-brand phones.
This distinction is very important for both economic and policy reasons. From an economic standpoint, there are large benefits from the sale of unauthorized copies that do not exist with counterfeit products. From a policy standpoint, the consumer will be an ally in a crackdown on counterfeits. This is not the case with unauthorized copies.
Unlike many news organizations, the Prospect has remained staunchly committed to keeping our journalism free and accessible to all. We believe that independent journalism is crucial for a functioning democracy—but quality reporting comes at a cost. From Trump’s threat to the free press to Musk’s influence on our democracy, there is too much at stake in 2025 to stop now.
We’re behind on our goal to raise $75,000 to continue delivering the hard-hitting investigative journalism you’ve come to expect from us. Your support helps us maintain our independence and dig deeper into the stories that matter most.
We need you to make a year-end contribution today. Any amount helps secure our future and ensure we can continue holding power to account.