I know at least in Korea that ip's are basically meaningless. Fakes from China are plentiful and small businesses don't care.
Early last year the Korean government raided a illegal Pokémon stuffed animal ring. Leading to over 500,000 stuffed animals seized.
In Japan its a bit better but not much. Ip's in Asia aren't nearly as strong as they are in the United States. Which means companies here take advantage of that. Which could be a small reason why larger companies are a little more afraid to deal with cheaper manufacturers.
Very much could be. Still, some money from a license getting a second life in the marketplace is better than no money from a license getting a second life in the marketplace. At least, I think so but I don't run a multimillion dollar company either. Lol
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