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SPC Official Urges Higher IPR Infringement Compensation

Date: Jul,11,2016

A senior official of the Supreme People's Court (SPC) has called for increased compensation for intellectual property rights (IPR) infringement.
Compensation in IPR cases should be decided on the basis of the market value of the infringed intellectual property while taking into consideration the infringer's intent and behavior, said Tao Kaiyuan, vice president of the SPC, at a conference on IPR trials in Nanjing, Jiangsu Province, on Thursday.
"Compensation should be increased when it comes to repeat offenders or those who have encroached upon IPR on purpose," Tao added.
Chinese courts received about 130,000 first-instance IPR cases in 2015, an increase of 11.7 percent year on year. Among them, 123,000 cases were closed, up 11.7 percent from the previous year.


Source:Xinhua



 

 

 

 

 

 

 

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