China is trying to shift from quantity to quality for patents, for which the number of applications is the highest in the world. There has been a surge in cases of Chinese companies suing foreign companies for infringement of intellectual property rights.
The Beijing Intellectual Property Court ordered Canton Wanlima Industry to immediately suspend sales of the product in question for violating the Unfair Competition Prevention Law, pay damages of 5 million yuan (about 100 million yen), and pay 445,000 yuan (about 445,000 yuan). 8.9 million yen).
The British company says it will expand into mainland China in the near future after succeeding in the 22-year legal fight. Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama Sex and the City, says it has won a legal battle in China to use its own name, paving the way for the brand’s expansion across the country.
The British company, named after its Spanish founder, said in a statement on Tuesday that the judgment was handed down by the supreme people’s court of China last month, marking the culmination of a long-running legal battle.
In an interview with The Paper on Monday, the Chinese National Intellectual Property Administration (CNIPA) said that the country has seen 16,000 trademark applications filed, encapsulating the term ‘metaverse.’The CNIPA has strictly opposed malicious trademark registrations, especially if the company is trying to hoard trademarks without apparent purpose for use.