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Compensation system aims to better protect rights of owners

2016/04/06

IP rights violators will pay compensation equal to two or three times the actual loss suffered by the owner of the IP rights, according to the latest local regulation in Shenzhen that is currently in a public review period. Industry insiders said many owners of IP rights have won their lawsuits but have had to pay high costs to defend them. The punitive compensation means strengthened protection, they said.

Source: SHENZHEN SPECIAL ZONE DAILY




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