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Do trade secrets matter? It is not at all clear if you ask the stock market

The IPKat

What happens when trade secrets meet the stock market? But what if markets didn’t really care about IP? My co-author Professor Andy Vivian and I are trying to better understand IP’s role by analysing the market reaction to the theft of a company’s trade secrets. Plot twist: the market is remarkably nonplussed.

Marketing 142
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Compulsory licensing for expensive medicines: KCE report

SpicyIP

The Belgian Health Care Knowledge Centre (KCE) recently released an interesting report titled ‘Compulsory licensing for expensive medicines’. Ordinarily, patentees voluntarily decide whether or not and on what conditions to grant licenses to third parties. Failing which, a compulsory license can be issued. Natco Pharma Ltd.

Licensing 119
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3 Count: Slumlord Millionaire

Plagiarism Today

In 1981, Goldsmith licensed a photo that she took of the musician Prince to Vanity Fair magazine, with the intent that the magazine would have Warhol create a painting based on it. However, Warhol created over a dozen other paintings based on the image and those paintings resurfaces in 2016 following the musician’s death.

Fair Use 189
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3 Count: Warhol Battle

Plagiarism Today

In 1984, Lynn licensed one of her photographs of the musician Prince to be converted into a painting by Warhol for Vanity Fair magazine. However, after Prince died in 2016, it was revealed that Warhol actually made an additional 14 prints using the photograph. Lynn sued allegiging that those prints were a copyright infringement.

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3 Count: International Incidents

Plagiarism Today

Next up today, Ernesto Van der Sar at Torrentfreak writes that, in Sweden, the Patent and Market Court of Appeals has overturned both the prison sentences and damages of two men tied to an IPTV operation. However, it was raided in 2016 and two men, the owner and his son, were arrested.

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3 Count: Paparazzi Lawsuit

Plagiarism Today

However, the NCAC was sparse on the details about this crackdown, saying that, for this market to grow legitimately, there needs to be action taken against those that create pirated NFTs based on works they don’t own. The 3 Count Logo was created by Justin Goff and is licensed under a Creative Commons Attribution License.

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SpicyIP Tidbit: Doing What the Court Says- DPIIT withdraws notification extending 31D to Online Streaming

SpicyIP

Image from here The Department for Promotion of Industry and Internal Trade (DPIIT) yesterday i.e. 21 st August 2024 issued an Office Memorandum (OM), notifying the withdrawal of OM dated 5 th September 2016, which extended the scope of Section 31D of the Copyright Act to Internet Transmissions.

Music 105