To a certain extent, it prevents the plethora of similar products. It helps an organization to remain unique in its own products. This paper discusses the necessity of Trade-Related Aspects of Intellectual Property Rights (TRIPS) and how it provides good protection for traditional knowledge as well as patents.
The Trade Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement, administered by the World Trade Organization (WTO). It annotates minimum standards and guidelines for the various forms of intellectual property (IP) regulations, for nations who are signatories of the WTO. TRIPS came into existence in 1994, through the negotiations in the final stages of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT), guaranteeing protection for many things. When the Uruguay Round concluded and the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) was put into force in 1994 many believed that it is a step towards reaching a global solution for many product violation cases. (Alsegard 2004). Trips recommends all its signatory nations to follow and bring into effect the laws protecting intellectual property of various organizations, countries or individuals. The signatories consist of 153 countries, which represents close to 95% of total world trade. These countries can be assured of, if or when they implement TRIPs, will be the avoidance of the economic and trade sanctions which industrialised countries would be entitled to impose under the terms of GATT. (McGrath 1996). There are certain standards which the nations laws should meet with regards to IP rights including: copyright rights, like the rights of performers including music artists, films, geographical indications, trademarks, etc, etc. These standards are stipulated by the TRIPS. Hence the WTO’s TRIPS agreement aims to facilitate the protection of rights in a more efficient way and so that it can be ...
Cite this document
(“Intellectual property right Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/384691-intellectual-property-right
(Intellectual Property Right Assignment Example | Topics and Well Written Essays - 1000 Words)
“Intellectual Property Right Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.net/miscellaneous/384691-intellectual-property-right.
The complaint objected to the similarities of packaging and the use of comparison lists to inform retailers which of the perfumes were intended to copy the fragrance of the original L’Oreal perfumes. The High Court Chancery Division came out with a decision in 2006 that stated that the action generally failed although it admitted that there were violations in three instances.1 Not entirely agreeing with the High Court’s position, the Court of Appeal did not decide on some issues when the case was appealed to it and instead referred them to the European Court of Justice.
A study conducted by Business Software Alliance in 2009 found out that illegal software market caused approximately $53 billion in damages globally. It is in this regard that protection of intellectual property rights has become very crucial in the software market so as to protect the industry from software pirates.
Examples of industries that may require intellectual property protection include: Writers, film making, artists, musicians, pharmaceutical, computer software designing, web developers, telecommunications and so on. A company may sue another company working
inder of a copyright-protected work and to indicate its copyright proprietor and was mandatory decades ago in a work but currently it is not importance in a work. Currently you obtain protection as soon as you are through with the valid registration of copyright
could be used.
This video is subject to copyright owned by the American Society Photogrammetry and Remote Sensing (ASPRS). Any reproduction or republication of all or part of this video is expressly prohibited unless ASPRS
to terrorism by identifying element related to terrorism and subsequently preventing their entry into the country. In this respect, Smart Borders are denoted by Andreas (2009) as borders that incorporate strategies outside the United States to monitor
An express contract involves an agreement where the terms are stated by the parties orally or in written form. The contract reflects the intention of the parties in agreement (US Legal, 2015). For example, John wants to purchase a house.
3 Pages(750 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Assignment on topic Intellectual property right for FREE!