“The Chinese patent law was enacted in 1985 and amended in 1992, 2000 and 2008. Importantly, on 17 October 2020, new amendments were enacted, due to take effect on June 1, 2021. Compensation for patent infringement is one of the key areas of focus. Like the legal approaches in the US and EU, the traditional framework for calculating patent damages in cases of infringement in China is multifaceted and founded on actual compensation. However, in practice, China tends to rely on statutory damages rather than assessed compensatory damages …” (more)
[Neil Wilkof, The IPKat, 14 May]
First posted 2021-05-15 11:20:12
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