parallel imports

parallel imports: 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.

parallel imports: Imports by third parties of licensed products, or products covered by an exclusive selling arrangement or intellectual property rights, into a licensee's or dealer's allocated sales territory, in circumstances where those products have been marketed in other territories under licence from or with the agreement of the licensor, supplier or holder of the intellectual property rights.

Related links

licence

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

parallel imports — plural noun Imports brought into a country through other than official channels, thus circumventing regulations, etc • • • Main Entry: ↑parallel * * * ˌparallel ˈimports 7 [parallel imports] noun … Useful english dictionary
parallel imports — ➔ import1 … Financial and business terms
parallel imports — plural noun goods imported by unlicensed distributors for sale at less than the manufacturer s official retail price. Derivatives parallel importing noun … English new terms dictionary
parallel trade — 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… … Law dictionary
parallel import — UK US noun ECONOMICS ► [C, usually plural] products that are bought in one country in an unofficial way and then sold more cheaply than usual in a different country: »The company has asked the government to deal with low cost parallel imports. ►… … Financial and business terms
Parallel import — A parallel import is a non counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product, and are implicated in issues of international trade,… … Wikipedia
imports — [plural] ► the quantity of goods brought into one country from another during a particular period of time, or the value of these goods: »US imports of vehicles from Japan rose to $2.23 billion in March. »growth/increase/decline in imports → See… … Financial and business terms
parallel — par‧al‧lel [ˈpærəlel] adjective [only before a noun] 1. ECONOMICS COMMERCE parallel goods, imports etc are sold avoiding the distribution channel S (= ways of making goods available to the public) approved by the makers: • Luxury brands … Financial and business terms
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… … Law dictionary
parallel import — Imports by third parties of licensed products, or products covered by an exclusive selling arrangement or intellectual property rights, into a licensee s or dealer s allocated sales territory, in circumstances where those products have been… … Law dictionary

Academic Dictionaries and Encyclopedias

parallel imports

Look at other dictionaries:

Share the article and excerpts

Academic Dictionaries and Encyclopedias

Law dictionary

parallel imports

Look at other dictionaries:

Share the article and excerpts

Direct link