The union will focus on improving the rules on patenting and improving protection of intellectual property.
The creation of the new Chamber also aims to encourage fair practices and help streamline processes followed when companies make complaints about products reproduced without authorization.S21.com.gt reports that "...The products most likely to be copied illegally are medicines, food, alcoholic beverages, clothing, videos, movies and music. "
Businesses are asking the Executive to reactivate the National Commission against Smuggling to protect issues such as competitiveness, intellectual property rights and the rights of consumers and entrepreneurs.
When the criminal customs fraud structure in Guatemala known as La Linea fell, the National Commission Against Contraband (Conacon) ceased to be operational. For this reason, representatives of the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations (CACIF) met with the President and Vice President, Jimmy Morales and Jafeth Cabrera, in order to revive the entity, reported Elperiodico.com.gt.
Competing with multinationals under DR-CAFTA requires companies to comply with all the necessary processes to protect their brands, processes and products.
The arrival of multinational companies in Central America competing in legal equality with local or regional firms as a result of DR-CAFTA, highlights gaps in legal implementation and best practices for business on issues such as the protection of trademarks and intellectual property. In an analysis piece by Nacion.com, the need for companies and entrepreneurs to protect the product development process, their formulation and their brands is highlighted.
The event to be held in San Jose on 3 and 4 March will address issues such as implementation of digital markets, internet commerce and protection of intellectual property online.
The third International Congress on Electronic Commerce Laws will be held at the Bar Association of Costa Rica, and will address issues related to law in light of new commercial and financial relations being handled electronically.
Once again health and safety approval has been rejected for the product Nutrileche made by the Mexican company Lala, as it did not meet the minimum requirements to be considered as milk.
With this latest effort, there have now been a total of fourteen attempts by the company Productos Lácteos de Centroamérica, SA, a subsidiary of Mexico's Grupo Lala, to register the Nutrileche brand in Guatemala. Among the reasons given for not approving the health permit is the fact that the product, a dairy substitute, does not meet the minimum requirements to be considered as milk.
In Costa Rica the Secured Transactions Law which authorizes the use of intellectual property as collateral for loans will take effect in May 2015.
In an opinion piece published in Elfinancierocr.com, attorney Gabriela Miranda explains that in addition to allowing the use of movable property such as agricultural machinery and crops, the law has a broader scope, "... it gives the debtor the opportunity to put up intangible property as collateral, among them brands in all their manifestations, trade names, copyrights, patents, licenses, concessions, royalties and other rights governed by the laws related to this matter and which liens are not prohibited. "
Signing of the treaty is aimed at improving the control of the criminal offenses committed through the Internet.
This week Panama became the second Latin American country after the Dominican Republic, to sign the European Convention on Cybercrime, the first international treaty on criminal offenses committed on the Internet.
Lego International has won a lawsuit against Lego PZ Multiservicios S.A. of Costa Rica for the misuse of the toymaker's brand name.
Lego International won the lawsuit filed against the corporation Multiservicios Lego PZ Costa Rica for the unauthorized use in its company name, of the trademarked name Lego. The Register of Legal Entities at the National Registry ordered the administrative detention of the corporation.
Increased prices are predicted along with less variety in drugs and agrochemicals because of the progressive protection of patent rights.
Román Macaya, director of the National Chamber of Generic Producers (Canaproge) explained that at the end of this decade the market will feel an impact on the protection of branded drugs and agrochemicals. The changes will occur due to the agreed extension of rights in the FTA between the U.S., Central America and the Dominican Republic.
Globalization increases the need to protect the brand names of products which have become an increasingly valuable asset allowing effective communication with customers.
"One of the characteristics of brand names is to be something distinctive, a vehicle of communication between the seller and the consumer, which can become a very valuable asset," says Bernal Molina, from the Industrial Property Department at the National Registry Office.
The Mexican Institute of Intellectual Property is demanding that the FTA under negotiation include a chapter on intellectual property rights.
Miguel Ángel Margáin, director of the Mexican Institute of Intellectual Property (IMPI), made a request to "include" one more chapter "on intellectual property in each treaty to be signed, as occurred in the FTAs signed by Mexico with the United States and Canada in 1994 ", reported Prensa.com.
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The firm currently provides services to individual and corporate clients in Panama as well in the Americas, Europe and Asia. Its partners maintain a commitment with professional ethics and social responsibility by participating in the board of directors of groups such as the Panama Bar Association, the German Chamber of Commerce and the American Chamber of Commerce (AMCHAM) of Panama.
Operates in Panama
Phone: (507) 3406447
Magnalex Abogados is a Costa Rican Law Firm with extensive experience in a broad spectrum of legal services. For over 28 years, our Law Firm has been committed to providing top-quality legal advice.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2224 8000 - (506) 2283 3373
The law firm Alvarenga & Mirón is created to respond to the necessities of the global legal market that requires legal advise, notarial and litigation services in general of the highest quality.
Operates in El Salvador
Phone: (503) 2223 6904 - (503) 2224 3846
A General Practice law firm which specializes in Business and Commercial Law as well as Foreign Investment in Costa Rica. Our firm originally established in 1940, currently operates offices in San José and Guanacaste
Operates in Costa Rica
Phone: (506) 2258 2525