“Businesses that infringe the intellectual property (IP) rights of others can be ordered to pay damages that value multiple what it would have cost them to licence the use of that IP legitimately, the EU’s highest court has said. The Court of Justice of the EU (CJEU) said EU law does not preclude EU countries from drawing up national legislation that provides for punitive damages to be awarded to rights holders where their IP has been infringed …” (more)
[Out-Law, 27 January]
First posted 2017-01-28 08:04:14
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