INTELLECTUAL PROPERTY PIRACY

INTELLECTUAL PROPERTY RIGHTS | INTELLECTUAL PROPERTY PIRACY     Intellectual property rights, Intellectual Property Piracy is one that is causing more concern in today's marketing trend. Intellectual Property Piracy or theft of trademarks and copyrighted material is a growing concern. As improved communication methods simplify sending data across international boundaries, Intellectual Property Piracy has become a global affair.   Cases that involve the Intellectual Property Piracy are more complex; during such cases consulting an attorney with experience is necessary. Piracy and counterfeiting describe the sale of copies of products without the permission of the owner of the rights to those products. Intellectual property piracy usually refers to the sale of unauthorized copy. For example, selling a recording of a movie made by someone sitting at the theatre with a video camera is a type of piracy. Intellectual Property Counterfeiting means selling a copy that looks like an authorized copy and falsely claiming that it was authorized or licensed, such as selling unauthorized or unlicensed copies of software in a package that looks exactly like a legitimate package. Some counterfeit copies of products may also be accurate that it is difficult to tell them from a legitimate product.   Intellectual Property Piracy occurs in the most common types of consumer goods like Medications, Apparel, footwear, handbags, movies and music, auto parts, electronics, health products (toothpaste, lotion, and vitamins), food, alcohol and beverages. Preventing and punishing piracy and counterfeiting of intellectual property is impossible for any one country to do on its own. For example: unscrupulous vendors make or distribute unauthorized copies of products. But since these vendors operate beyond the territorial reach and the authorities of the vendors own country often do not assign a high priority to the catching or prosecuting intellectual property thieves, the vendors continue to profit from counterfeited and pirated goods.   Intellectual Property Laws protects the rights of intellectual property owners outside the borders of their home country. Most countries are members of the World Trade Organization (WTO) and as a condition of membership they are required to ratify the agreement or Trade-Related Aspects of Intellectual Property Rights (TRIPS). TRIPS set up a system of strict protection of all intellectual property rights. Minimum terms of protection are provided by the Agreement: patents must last for 20 years, and most copyright protection must last for at least 50 years after the death of the author of the work. Other nations must also extend the same Intellectual Property protection to citizens of the other member nations. Exceptions to the protection of intellectual property must be strictly construed and limited in scope.   Intellectual property is an important asset, and its law recognizes its importance. Intellectual Property owners receive protection from theft of their protection, even if the theft takes place in another country or in several other countries.

---

Get perfect Email ID for your Resume. Get before others grab.