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The war between Apple and Samsung reignited in late August. Apple received an injunction from a German court barring Samsung from selling its Galaxy tablet in... Read More »
When world economies slow down, national economies bicker with one another. Trade wars throughout history between rival economic powers often act as prologues to... Read More »
Comments
Nicholas PellHere is the statement from Ambassador Punke: http://geneva.usmission.gov/2011/09/14/u-s-statement-at-the-wto-trade-policy-review-of-india/Here's the relevant (and vague) paragraph:
"India’s highly successful creative and innovative industries depend greatly on the protection and enforcement of intellectual property rights. These rights are also prerequisites to the development of a value-added manufacturing sector that India seeks to establish. India’s IP policies and enforcement, unfortunately, do not reflect this imperative. Furthermore, although India has long been considering legislative and other initiatives to update some of its IP policies, including the Copyright Bill currently before Parliament, those efforts tend to fall well short of international best practices in these areas."
Sep 16, 2011
Abhilasha BoraWhich is the specific issue here that caused India to be on the receiving end of this? In any case, it is like a one-cannot-please-all situation. India's laws are in compliance with WTO, however, yes, to secure its indigenous markets, every country takes certain measures. India has become such a lucrative market that any move that could affect foreign private enterprises calls in a lot of hue and cry.
Sep 16, 2011