Pages

Sunday, May 30, 2010

Officials seize $500 million worth of counterfeit software in China

Filed under: , ,

PirateThe FBI and Chinese officials have seized more than 290,000 CDs with pirated software in a crackdown on groups in China and the US who were making and distributing the discs around the world. 25 people were arrested in the sting.

The CDs have an estimated value of $500 million, with software titles from companies including Microsoft and Symantec. Of course, if you do the math, officials are estimating that the the average disc was worth $1724.13, which just goes to show that the numbers are often somewhat inflated in these operations.

And of course the "retail value" of the software is often based on estimated losses from the companies who make the software, not on how much the bootleg versions will sell for. Sure, some of those who purchase pirated software would buy the legal version if bootleg discs weren't available, but that's not true for everyone.

This is not an endorsement of piracy. Those who create useful or fun software deserve to be compensated for it. All we're saying is you have to take these numbers with a grain of salt.

Officials seize $500 million worth of counterfeit software in China originally appeared on Download Squad on Tue, 24 Jul 2007 12:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

No comments:

Post a Comment