Jump to content
House Price Crash Forum
Sign in to follow this  
godless

Big Firms Fight For Intellectual Property Rights

Recommended Posts

Big firms fight for IP rights

By Nick Clark

Monday, 8 June 2009

The world's largest companies are increasing their efforts to sue those who infringe their intellectual property rights as the downturn continues to bite, according to new research.

Freshfields Bruckhaus Deringer, the law firm, found that nearly 40 per cent of the largest corporations "are actively looking to litigate" to protect their rights. The report surveyed companies worth between $500m to $5bn (£3.1bn), with operations in more than 16 jurisdictions and more than 10,000 employees.

The latest case emerged earlier this month as BASF Plant Science and rival chemicals group DuPont set up a gruelling court battle over intellectual property rights after filing infringement claims against each other.

Google has also been in dispute with Louis Vuitton parent company LVMH. The luxury goods group accused Google of selling trademarked search terms to rivals potentially selling counterfeit products. Primark has also settled with Laundry Athletics, which alleged that the clothing retailer had copied parts of its leather jacket, made famous by David Beckham, earlier this year.

Laundry's founding partner Julian Dunkerton said at the time cases were becoming more frequent. "They take up an enormous amount of time and energy to pursue, but they are very necessary and we are determined in protecting our intellectual property," he said.

Chris Forsyth, a partner in Freshfields' Intellectual Property practice, said the greater appetite to litigate to protect IP rights "is surprising" because of the cost. Yet he added: "There will be a rise in infringement activity during the downturn as businesses desperate to maintain a presence in the market resort to preying on their competitor's products, brands and technologies. Intellectual property owning companies will be quick to take action to protect their market share."

http://www.independent.co.uk/news/business...ts-1699460.html

Share this post


Link to post
Share on other sites

For those who haven't followed it (or at least kept half an ear open) over the years ...

Go to www.groklaw.net. Rewind to the beginning, and follow the story over the years when SCO shares soared and Wall Street analysts plugged it, through to bankruptcy, on the back of litigating on IP.

Share this post


Link to post
Share on other sites

"They are designed to maintain monopoly rights for major corporations. If the currently rich countries had ever been faced with such rules, the US would now be exporting fish and fur."

- Noam Chomsky discussing Intellectual Property Laws.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.