The Consumer Affairs Authority (CAA) has successfully prosecuted a business entity involved in the use of counterfeit trademarks and brand names, following a raid conducted recently in Colombo.
The investigation revealed that a Company was involved in counterfeiting and distributing bathroom and plumbing fittings under the registered trademarks of VENUS, PLUMBER, and RAIDA.
Acting on a complaint received by the CAA, the raid uncovered a substantial quantity of counterfeit products fraudulently prepared and stored for wholesale distribution. These actions were deemed to mislead consumers and violate fair competition practices.
Legal proceedings were initiated against the suspects involved at the Maligakanda Magistrate’s Court, After suspects pleaded guilty, the court imposed fines totaling Rs. 150,000 across three related cases.
Additionally, counterfeit goods valued at over Rs. 2 million were ordered to be destroyed by the court.
The CAA has issued a stern warning to businesses, urging them to avoid distributing counterfeit goods and to maintain fair trade practices. Consumers are advised to remain vigilant and ensure the authenticity of products before making purchases.
Complaints regarding the misuse of trademarks or anti-competitive practices can be directed to the Competition Promotion Division of the Consumer Affairs Authority. The CAA assured that legal action would be taken following proper investigations.
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