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.
June 5, 2019
On January 30, 2019, Myanmar’s long-awaited Trademark Law was signed into law, effectively establishing the framework for a comprehensive trademark registration system open to both foreign and domestic trademark owners. This highly anticipated move by the government marks an essential step in its efforts to increase Myanmar’s attractiveness as a destination for foreign investment.