In general terms, IP infringement is any breach of intellectual property rights.
IP rights are infringed when a work protected by IP laws is used, copied or otherwise exploited without having the proper permission from a person who owns those rights.
Examples of an IP infringement are “counterfeiting” and “piracy."
Counterfeiting is the practice of imitating genuine goods, often to inferior quality, with the intent to take advantage of the superior value of the imitated product.
Piracy is an unauthorized copying, use, reproduction and/or distribution of materials protected by intellectual property rights.