May 22, 2011

Economics of Whack-a-mole drug war: Mexico's crime groups grabbing lucrative market for pirated goods

Every global coroporation knows to diversify its offers and, thus, its markets. 

Mexico's crime groups grabbing lucrative market for pirated goods - Wire - Lifestyle - bellinghamherald.com: "Experts say criminal organizations such as (the Zetas and La Familia Michoacana) have increasingly taken control of Mexico's informal economy and with it, its multibillion-dollar market for pirated movies, music, software and other goods - illegally producing, distributing and even exporting the latest Hollywood hits, music by popular Mexican artists and computer programs.

Criminal organizations now make only about half their money trafficking illegal drugs, said Edgardo Buscaglia, an expert on organized crime with Mexico's Autonomous Technological Institute, a leading university. The other half of revenue, in the billions, comes from smuggling migrants, extortion, kidnappings and Mexico's vast black market for pirated goods."

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