With the global cost of counterfeits projects to reach almost $2 trillion by 2022, the American Knife & Tool Institute (AKTI) and its members present experts in the fields of intellectual property and brand protection.
AKTI recognizes that creating thriving businesses in today’s marketplace requires a toolkit to address this issue. Information, insights and helpful tips on these topics will be provided in this resource section by Denise Mosteller and Jeremiah Pastrick.
Read the articles below and if you have comments or questions, you can contact the experts.
- For those of you engaged in a constant struggle to uncover and address counterfeit goods on Amazon, as well as other online marketplaces, the avoidance of liability by the owners of the channels themselves can be endlessly frustrating. Thus far, marketplace operators have been almost entirely immune from responsibility for not only advertisements and transactions that transpire on their platforms (e.g. eBay) but also, in set-ups like Amazon, for the goods themselves, which marketplace operators take possession of, store, ship and collect fees or commissions on these activities.
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- Unlike tangible forms of property, such as land, goods or equipment, intellectual property (“IP”) is often referred to as “intangible property”, a term that acknowledges the ethereal nature of this type of property. Additionally, these forms of property are born not from the hand but from the mind of their creators. Accordingly, a unifying characteristic of all forms of intellectual property is that they are recognized as “creations of the mind”.
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