A parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product, and are implicated in issues of international trade, and intellectual property. The practice of parallel importing is often advocated in the case of software, music, printed texts and electronic products, and occurs for several reasons: 1.
Different versions of a product are produced for sale in different markets. E. g. :
However some unofficial distributors in Australia also sell Top Gear Magazine (UK Edition).
Parallel importers ordinarily purchase products in one country at a price (P1) which is cheaper than the price at which they are sold in a second country (P2), import the products into the second country, and sell the products in that country at a price which is usually between P1 and P2.
Other legal theories, aside from trademark infringement, may provide means to prevent parallel imports.
A. Customs laws B. False Advertising C. Passing Off D. Unfair Competition E. Trade Descriptions Act/Fair Trade Act F. Other intellectual property rights G. Violation of contractual obligations H. Breach of regulatory provisions
👋 Hi! I’m your smart assistant Amy!
Don’t know where to start? Type your requirements and I’ll connect you to an academic expert within 3 minutes.get help with your assignment