The Globe and Mail is reporting on a very interesting case that has popped up in the GTA. In one of the first cases of its kind in Canada, Louis Vuitton has set in motion legal action against a popular flea market in the GTA over counterfeit good sold in the market.
The mega brand owned by LVMH is seeking damages against Dr Flea’s Flea Market for neglecting the responsibility of monitoring against counterfeit goods sold by tenants in the market.
In the U.S. it has been put into law that a landlord can be held responsible for the good sold by its tenants, however, this law has not be recognized in Canadian law.
While industry insiders say that battling counterfeit fashion goods is a lost cause, the industry of counterfeiting fashion goods is suggested to be worth almost half a trillion dollars globally.
This isn’t the first time Dr fleas has come under fire. Police have raided the market three times and have confiscated a million dollars worth of counterfeit goods.
The Globe and Mail article highlights the fact that in order for Louis Vuitton to be successful in their legal action, they will have to prove that the landlords of Dr Flea’s knowingly allowed their tenants to sell fake goods and did nothing to resolve the problem.
Source: The Globe and Mail