Guess what? Under TPP, Customs can stop products they think violate copyrights or trademarks.
Customs will be given new powers to hold goods at the border that they suspect breach copyright or trade marks under the Trans Pacific Partnership.
And those who find themselves on trade mark infringement charges could pay more, with New Zealand courts to be given new discretion to award additional damages.
Those penalties would come on top of the compensatory damages already provided for under New Zealand law for trade mark infringement.
TPP will also require a new ‘patent linkage’ system to be established, where a pharmaceutical patent holder would be notified if a generic version of their product is submitted to Medsafe for regulatory approval.
New details on the TPP were released by the Ministry of Foreign Affairs and Trade (Mfat) today in the form of fact sheets, including one on intellectual property.
Customs will need to be given new powers that would allow it to act on its own initiative to temporarily detain material suspected of breaching copyright and trade marks.
The Government has also agreed to extend existing laws on technological protection measures (TPMs). Read more »