parallel exports

parallel exports
A key EU competition law principle (Article 30 of the EEC Treaty) is free movement of goods within the EU single market. An exception allowed under Article 36 of the Treaty technically allows imports to be restricted on grounds of intellectual property rights. In reality such powers are very limited as intellectual rights cannot be exercised if the intent or effect is to restrict trade between member states of the EU. This is of particular importance in parallel trade. Where, for instance, a licensor has granted a licence to a licensee in France, he generally cannot stop those goods being imported and sold into another Member State - the licensor is said to have exhausted his rights.

Easyform Glossary of Law Terms. — UK law terms.

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  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

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  • Canada — /kan euh deuh/, n. a nation in N North America: a member of the Commonwealth of Nations. 29,123,194; 3,690,410 sq. mi. (9,558,160 sq. km). Cap.: Ottawa. * * * Canada Introduction Canada Background: A land of vast distances and rich natural… …   Universalium

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