Counterfeits at record levels – monitoring brand rights more important than ever
Counterfeit products reached record figures in both quantity and value last year. "For years, counterfeits and other infringements of brand rights have increasingly moved online, so the importance of online monitoring for brand owners and systematic enforcement will continue to grow," says our lawyer, Maria Puronvarsi.
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Monitoring and enforcement contribute to increasing the value of your brand rights
Monitoring and active enforcement of brand rights are crucial to generate return on investments in the protection of trademarks and other brand rights in the long run.
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12-year-long legal proceedings for trademark infringement resolved
The lawsuit, which started in April 2011 with a customs seizure of counterfeit products, finally ended with a legally binding decision after a full round at all levels of court. The outcome was that the first decision by the Helsinki District Court was considered right.
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IP rights in Russia in the new situation
Our legal trainee Eeva Tanttula compiled a blog article about intellectual property rights in Russia. Despite the problems, Russia does not seem to be planning the destruction of the IP system. "Therefore, Russia should not be completely excluded from IP strategies, but rather calmly monitor the development,” Jani Kaulo advises brand owners.
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Intellectual property rights as part of Russia's countermeasures against economic sanctions?
The Russian Ministry of Economic Development has announced that Russian companies may use foreign IP – trade marks, design, copyright and patents – to minimise the effect of western sanctions against Russia, creating a basis for the sale of counterfeit products.
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