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.
December 4, 2019
WIPO’s Madrid System, which provides an alternative to filing trademark applications through the traditional national route, has been an option for global brand owners seeking trademark protection in Thailand since November 7, 2017. As of October 2019, more than 15,000 international registrations (IRs) designating Thailand have been filed and processed at the International Bureau, which suggests a positive reception of the system by brand owners.