Intellectual Property Essay

1247 Words5 Pages
Q. 1 What actions can companies and governments take to ensure that products can not be easily pirated? Be specific. Nowadays fighting against counterfeits is too difficult because counterfeiters are using everything to fake expensive products and then sell them at lower prices. Governments try to avoid counterfeits by using strict regulations against phony products, but there is no way to avoid a huge flow of law quality products that are faked. We think that while producing some products the company should know its distribution channels very well, where and to whom the products are sold, and then control its network to avoid counterfeiting. For example when the company launches its product in one market it should be sure that…show more content…
Meanwhile governments should take into account the bad affects of counterfeiting and try to assure and force other countries as possible to adopt fair regulations. Q. 2 Do you think that the international business community is being too lax about the abuse of intellectual property rights? Are international companies simply afraid to speak out for fear of jeopardizing access to attractive markets? U.S. Federal Patent Statute, World Trade Organization, United Nations, The Organization for Economic Cooperation and Development and The International Institute for the Unification of Private Law work to standardize rules of conduct in international business, including regulations about counterfeiting. Yet some areas of law need further progress across the world. The main countries in creating phony goods are: China, India, South Korea, Malaysia, Taiwan, and Thailand. In these nations there are weak antipiracy regulations and at the same time economy is booming, so because of this, problem is expected to become more and more serious. In China government officials operate in many factories producing pirated goods, often criminals are connected with government, receiving legal protection from them. Like trademark laws themselves, enforcement policies differ by country. The maximum penalty for trademark violation in Italy is 3 years in prison and a $4,000 fine; in Germany, it is 5 year and unlimited fine. Some progress
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