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  "documentTitle": "Dollarama Inc. (DOL)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-10-31 00:00:00",
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  "notes": "The slide uses visual comparisons of brand-name products vs. Dollarama knock-offs to support the thesis.",
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      "kind": "callout",
      "text": "I think they have good lawyers working for them... retailers make mistakes and end up selling fakes... the store has been sued by Nike... by Umbra... Dixon Ticonderoga launched a suit...",
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      "text": "Selling cheap imitations of more expensive brands has turned Dollarama into one of Canada's most successful retailers, earning it big bucks and plenty of lawsuits",
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      "text": "Mars candy bar knock-offs",
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      "text": "Dollarama sells undifferentiated, low-priced consumer goods, competing almost entirely on price. Many of its products are knock-offs. It is no surprise that the Company has been sued by several companies for trademark infringement.",
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      "text": "\"I think they have good lawyers working for them,\" says David Lipkus, a lawyer specializing in anti-counterfeit in Toronto, who has helped clients sue businesses in Canada selling knock-offs. \"Often retailers make mistakes and end up selling fakes.\" Many lawsuits are settled privately, but the store has been sued by Nike, for selling counterfeit footwear emblazoned with Nike's iconic basketball player silhouette, and by Umbra, a home decoration company, for selling a style of waste basket. In February 2017, Dixon Ticonderoga launched a suit against the dollar store chain for a pencil it's been selling since 2002. — David Lipkus",
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      "text": "Brazen mimicry: multiple knock-offs of a single producer (Mars)",
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      "text": "Undifferentiated Goods & Knock-Off Products",
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