Wednesday, March 21, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel and Facebook Unveil Next Generation OCP Twin Lakes 1S Server
Facebook to Respond to FTC Questions Over Cambridge Analytica Case
AMD to Fix 13 processors Vulnerabilities Reported by CTS Labs Research
Microsoft Announces Project Denali SSD For Cloud-scale Applications
Microsoft Previews Windows Server 2019
Marvell Introduces New NVMe Switch and SSD Controllers
Google Focuses on News Publishers With New Initiative
Lite-On to Unveil New NVRAM Hybrid Solid-State Drive at OCP 2018
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Peru pi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, September 26, 2001
Peru pirates peddle a big industry

Scores of Peruvian shoppers stepping out of a popular market in a run-down area of Lima clutch bags of Britney Spears CDs, Adidas sweatshirts, Calvin Klein watches and videos of recent block-buster hits. What's the secret in a country where the minimum monthly wage is $117 and 54 percent of Peru's 26 million people live on $1.25 a day or less? It's all fake.

While the traffic of pirated goods -- illegally copied videos and software, clothes with false labels, sham toys -- is a worldwide phenomenon, dealers and shoppers in this poor Andean nation say the trade is booming as hard times make originals unaffordable and technology facilitates reproductions.

``Selling originals just doesn't work because of the (economic) situation. One CD costs 63 soles ($18) -- with that much you could feed a family for a week,'' said David, 17, whose tiny stand is packed with pirated CDs that go for about 10 soles ($3) apiece and music videos. The demand for cheaper, pirated goods is even higher in Peru as consumers pare back on full-price luxuries amid a three-year economic downturn. Officials forecast near-zero economic growth for this year.

Authorities say piracy is a plague that robs the revenue-starved government of taxes, inhibits creativity, and often leaves consumer with a defective product. Ugarteche said the government periodically disposes of confiscated goods like CDs and videos by piling it up and running a steamroller over them or by building giant bonfires of seized CDs and videos…

Universal Backs SACD        All News        Emergence of HDD Radio Cassette May Make MD Obsolete
Universal Backs SACD     Optical Storage News      Emergence of HDD Radio Cassette May Make MD Obsolete

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
German Authorities Shut Down File-sharing Site Site Shut Down
European Union's Top Court Rules That PirateBay's Operations Risks Breaking The Law
Microsoft Patent Describes Windows Ability To Detect and Block Pirated Content
Google, Bing Agree to Help U.K. Fight Pirate Sites
U.S. Trade Representative Calls Out Stream Ripping In Latest 'Notorious markets' Report
World's Largest Music Strem Ripping Site Faces Legal Action
MPAA Lists Piracy Sites in Around The World
U.S. Trade Office Releases Latest Notorious Markets List
Pirate Bay Back Online
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
Search Engines Play A role In Piracy: study

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .