Category Finance

US High Court Muddies Rule On Design Patent Damages

The United States Supreme Court yesterday provided a big victory for Samsung – and common sense, according to many experts. The high court ruled that Samsung need not pay $399 million in damages – all the company’s profits from 11 models of smartphones – simply because one or two tiny components of those phones infringed design patents owned by Apple. But Samsung isn’t out of the woods yet. Because despite the importance of today’s Supreme Court decision, the high court left an even more important issue unresolved.

Will The Voice Of Indigenous Peoples Disappear From WIPO Discussions To Protect Their Knowledge?

What would be the credibility of the World Intellectual Property Organization committee negotiating a system of protection for traditional knowledge held by indigenous peoples, if none of their representatives could participate in the meetings? That has been a recurring question asked by indigenous peoples and the organisation over the years. But now, if no voluntary contributions are made by governments or others, the next committee meeting could very well be first in 16 years held without a single observer from an indigenous community.

Support IP-Watch: An Appeal To Readers

Intellectual Property Watch needs your financial support. As one of our readers, you know that IP-Watch plays a vital role in international policymaking on intellectual property and innovation through its independent, reliable, balanced and dedicated news coverage. But like other…

ILO Decisions Said To Confirm EPO Staff Lack Fair Legal System

The International Labour Organization Administration Tribunal (ILO-AT) on 30 November set aside two European Patent Office (EPO) decisions rejecting employee challenges to various internal rules. The judgments, which sent the complaints back to the EPO on the grounds that they had not been handled by the proper authorities, highlight the lack of a “fair and functioning” legal system for EPO staff, said an employee source who asked to remain anonymous.

CERN Staff Association Says There’s A “Loose Screw” At Top Of EPO

The Staff Association of the Geneva-based European Organization for Nuclear Research (CERN) this week issued a strongly worded statement in solidarity with staff at the European Patent Office. They called the EPO essential to Europe and said the EPO president's repressive "19th century"-style anti-worker tactics are endangering the institution and the European economy.

Kenya: Collective Management Organisations In Danger After Court Questions Their Role

NAIROBI, Kenya -- A ruling this month by a Kenyan court that artists, performers and musicians cannot be compelled or forced to join a collective management organisation (CMO) to collect royalties on their behalf could spell doom for CMOs in the country, experts fear.

UN Secretary-General Urges Action On High-Level Panel Report On Medicines Access

United Nations Secretary-General Ban Ki-moon today issued a message praising the "milestone" report of a High-Level Panel on access to medicines he set up a year ago to address the continuing problem of medicines prices being too high for many in the world to afford, and the lack of access to quality medicines for many. In his message, he called on governments to review the report and its recommendations, and to chart a way forward to address the problem of lack of access to medicines and health technologies.

Intellectual Property In Russia To Become Subject Of Antitrust Regulation

Intellectual property in Russia will become a subject of antitrust regulation starting next year, according to recent statements of an official spokesman of the Russian Federal Anti-Monopoly Service (FAS).

Message To WIPO: Here’s The Assistance We African Inventors Really Need

NAIROBI, Kenya -- Patent protection is a challenge to many an inventor in developing countries. Inventors in most African countries, for instance, are compelled to surmount huge obstacles to protect their inventions. In order to remedy the situation, the World Intellectual Property Organization (WIPO) in collaboration with the World Economic Forum has launched an Inventor Assistance Programme (IAP). Now, the local inventor community in Kenya has a few words for WIPO on how to expand the programme to make it more effective on the ground. Trust is one of them.

Access To Medicine Index Finds Progress In Pharma’s Efforts

The Access to Medicine Index 2016 was published today, analysing the top 20 research-based pharmaceutical companies. The index looks at how those companies make medicines, vaccines and diagnostics more accessible in low- and middle-income countries. The index found progress in companies' efforts to improve access but little support for flexibilities enshrined in international trade rules.