buckworks - 8:46 pm on Nov 30, 2010 (gmt 0)
transactions in knock-offs
One problem in a discussion like this is ambiguity in language. In the fashion world, the word "knock-off" does not necessarily imply any intent to deceive. A knock-off is a copy with a clear resemblance to a more expensive design but it does not pretend to be anything other than a copy.
However, I've often seen the word "knock-off" used interchangeably with "counterfeit" which is a different matter entirely. A counterfeit pretends to BE the real thing, not just imitate it. There is a clear intent to deceive.
Counterfeiting is the problem here, not just "knocking off".