Intellectual property rights owners are increasingly feeling the pressure from the counterfeit goods that are invading the global market. Societies worldwide also suffer, as countless people are either slaves to these criminal black marketers or victims of their faulty products. The second part of this two-part feature takes a look at some of the economic and social problems posed by counterfeiting and other IP rights violations.
July 23, 2020
While the Indonesian government already has the power to exercise compulsory licensing through existing patent laws, a new regulation, thought to be a preemptive response to the development of a vaccine for COVID-19, has expanded the scope of the government’s ability to use patents in the public interest.The changes are contained in Presidential Regulation No. 77/2020 regarding Procedures of Patent Implementation by the Government, which took effect on July 8, 2020, and is an implementing regulation of Patent Law No. 13/2016 (chapter 7, articles 109–120).