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WTO Ruling Says China Must Bolster Its Copyright Law
The World Trade Organization said China must destroy counterfeit software or movies that are confiscated by authorities and provide more legal protection to foreign products, in a ruling on a case brought by the U.S.
A WTO panel of judges yesterday sided with the U.S. in two of the three arguments in the complaint filed in 2007, while deciding that China doesn’t need to alter its laws that exempt small-scale counterfeiters from criminal prosecution.
Global Innovation Policy Center @globalIPcenter 16h
“Waiving drug companies' intellectual property rights risks setting a bad precedent for future investment in new drugs. And that risk may not be worth it without additional steps to meaningfully increase the availability of shots across the world.” https://t.co/UE6nqe8Cyb