Category: News
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Shein and Temu Lock Horns Again Over Copyright and Trade Secrets!
Opening statement: As trademark disputes intensify globally, Indian and Asian retail businesses are watching closely. The outcome of this battle between Shein and Temu could have far-reaching implications for brands across Asia, where intellectual property and trademark violations have become critical issues, particularly in the fast-growing e-commerce space. Background: The fast-fashion giants are at it…
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Understanding Copyright in the Context of NFTs and Digital Art Ownership
The sudden rise of NFTs has transformed the digital art market, drawing unprecedented attention from both artists and collectors to a set of unique digital assets stored on the blockchain. These assets provide verifiable proof of ownership and provenance for digital art, collectibles, and other items. While this technology promises to revolutionize how we perceive…
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Copyright in Fashion: Safeguarding Designers’ Creative Works
Fashion designers, particularly in India, stand as cornerstones of creativity and innovation while contributing significantly to a multi-billion-dollar industry. However, unlike musicians, they struggle to fully safeguard their creations. With the fashion industry’s growth, there has been a surge in public awareness of trendy designer products, underscoring the need for stronger copyright protection and formal…
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Regulatory Intervention in the Indian Financial Sector: Analyzing the RBI’s Actions Against the lending practices of a few NBFCs
On October 18, 2024, the RBI barred a few NBFCs from sanctioning new loans (while continuing to service existing loans), citing “material supervisory concerns” related to their pricing policies, excessive interest rate
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Art as Collateral: A Growing Trend in Secured Lending
In recent times, art has emerged as a valuable asset for securing loans, driven by its rising market value and investment potential.
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Government Alerts IP Applicants About Fraudulent Activities
New Delhi, October 17, 2024 – The Office of the Controller General of Patents, Designs, and Trademarks (CGPDTM) has issued a public notice cautioning applicants about a concerning rise in fraudulent activities. Fraudsters are reportedly harvesting data from the CGPDTM’s official website and reaching out to applicants via phone calls and emails, falsely claiming they…
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Google loses landmark antitrust case over search monopoly
In a historic ruling last Monday, Google was found guilty by a federal US court of maintaining an illegal monopoly over the online search and advertising markets. We analyse the implications of the decision that marks a significant victory for the U.S. Department of Justice (DOJ) and for several state attorneys general.
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WIPO Unveils New Treaty on Genetic Resources and Traditional Knowledge
Delve into the significance of the WIPO Treaty on Intellectual Property Genetic Resources and Associated Traditional Knowledge. Understand how this groundbreaking treaty enhances transparency, prevents misappropriation, and upholds the rights of Indigenous Peoples. Learn about its objectives, implementation principles, and the impact on global intellectual property frameworks, particularly for biodiversity-rich nations like India.
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How Mediation is Revolutionizing IP Disputes
Imagine you’re on the brink of launching a groundbreaking patent that promises to transform your industry, only to find yourself entangled in a costly and protracted legal battle over an infringement claim. The stress and financial strain would be daunting.
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The Union Budget Financial Year 2024–2025: the Aarna Law Perspective
The Union Budget 2024-2025 of India, presented by the finance minister Nirmala Sitharaman, emphasizes key priorities aimed at fostering employment, enhancing agriculture productivity, and supporting various sectors of the economy. In addition, taxes will fall for start-up investors and foreign companies. Below is a concise summary of the new measures. Economic Overview Inflation: Maintained at…