Identical Goods

Identical Goods

Two goods that are alike in all major respects. Identical goods have the same quantity and quality and are produced in the same country. Identical goods have the same value. They may have slight differences in appearance, however, but this does not affect their value. For example, two bricks of 14-carat gold fashioned in Belgium are considered identical goods.
References in periodicals archive ?
Moreover, Minister of Commerce and Industry Tarek Kabil said that the ministry is keen to activate the role of regulatory bodies to counter all methods of cheating and non-conforming products by applying new and varied mechanisms to ensure that factories and maintenance centres comply with standard specifications for goods and services, and produce safe and identical goods.
Guido Menzio and I built on a long literature documenting price dispersion among identical goods by conducting a comprehensive investigation into the nature of price dispersion in the retail sector, with a view to relating this dispersion to bargain hunting.
The YMS has led a way in discriminating prices based on the demand and supply of identical goods.
Further, the Board concluded that the words Fresh Body were likely to be viewed as identifying the previously anonymous source of the identical goods sold under the mark FB by the opposer, and could even be viewed as a house mark.
The assembly line was more appropriate for mass production of identical goods.
The leap from imperfection to failure raises the question of whether or not we have come to expect, and indeed assume, that all imperfections have been edited out of the mass-produced, matched, and identical goods that we find ourselves consuming so that any deviation from the terms of the assumed perfection created by mechanical reproduction is assumed to always replicate and produce an object or original flawlessly.
Does the local community know what overseas purchasers are paying for the identical goods and services?
Gone are the days of boutique stores, they have been replaced by multi-national corporate and department stores that buy large quantities of identical goods.
COMPANY AND THE CZECH COMPANY WHO BOTH MANUFACTURE AND MARKET BEERS IN MANY NATIONS, AFTER A REFERENCE TO THE EUROPEAN COURT OF JUSTICE, THE ENGLISH COURT OF APPEAL (CIVIL DIVISION) ADDRESSES WHETHER ENGLISH OR EUROPEAN UNION LAW ENABLES THE PROPRIETOR OF ITS EARLIER MARK TO PREVAIL IN ENGLAND EVEN WHERE THERE HAS BEEN A LONG PERIOD OF HONEST CONCURRENT USE IN THE ENGLISH MARKET OF TWO IDENTICAL TRADE MARKS FOR SUBSTANTIALLY IDENTICAL GOODS
The essential distinction is mankind's unique ability to reciprocate not only identical goods, as apes and monkeys swap groomings, but also to exchange dissimilar goods--what Smith famously identified as the "propensity to truck, barter, and exchange one thing for another" (Wealth of Nations, bk.
Here, not only have we lost the opportunity to have a range of fine foods available in an independent business, but one can guarantee that this Tesco will do its best to close all the surrounding businesses by selling identical goods.
I would urge the city fathers to think again, consider the need of a vibrant city for diverse suppliers not more of the same old stores with homogenous formats and near identical goods.