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October 01 What? Industrial design is the aesthetic and visual aspect of a product — its shape, pattern, configuration, surface, or ornamentation — that makes it look unique and appealing. It does not cover how the product works mechanically (that’s patents) but how it looks and how the user perceives it. It’s protected by Industrial Design Rights or Design Patents so others cannot copy the appearance of a product. India’s Designs Act, 2000 protects such creative shapes and appearances for 10 years (extendable...
August 25 WHAT? Apple is suing a former employee who left for Chinese smartphone maker Oppo on the claim that he stole ‘Apple’s trade secrets relating to Apple Watch and to disclose them to his new employers.’ Apple claims that it’s former sensor system architect Chen Shi accessed confidential documents on Apple’s health sensing technologies and disclosed them to Oppo before leaving Apple in June so that his new employers could develop a competing wearable device. Apple also claims that the former...
June 30 WHAT? Since India’s independence in 1947, the government has introduced several Industrial Policy Resolutions (IPRs) to guide the nation’s industrial development, reflecting evolving economic priorities and global influences. These policies have shaped India’s industrial landscape through distinct phases, balancing state control, private enterprise, and market liberalization. Evolution and Phases 1948–1980: Marked by increasing state intervention, with a focus on public sector...
June 04 WHAT? The Agreement on Safeguards (AoS) is a World Trade Organization (WTO) agreement that governs the use of safeguard measures — temporary import restrictions that a country can impose when a sudden surge in imports causes serious injury to its domestic industry. It is one of the key agreements under the Uruguay Round (1995) of WTO. Purpose of the Agreement To ensure that the safeguard measures: Are applied transparently and fairly Are temporary and non-protectionist Are based on clear...
May 29 DEFINITION Trade secrets are intellectual property rights (IPRs) that refers to any practice or process of a company that is generally not known outside of the company. In general, any confidential business information which provides an enterprise a competitive edge and is unknown to others may be protected as a trade secret. Information considered a trade secret gives the company a competitive advantage over its competitors and is often a product of internal research and development. Trade secrets under...
January 12 The General Agreement on Trade in Services (GATS) is an international treaty that is part of the World Trade Organization (WTO) agreements. GATS came into force on January 1, 1995, along with the establishment of the WTO. The agreement aims to create a framework for the liberalization of trade in services among WTO member countries. Key features of the GATS agreement include: Wide Scope : GATS covers a wide range of services, including business, communication, construction, education, environmental, financial,...
July 19 Trade-Related Investment Measures (TRIMs) are a set of rules laid down by the World Trade Organisation that controls certain investment-related measures that may impact global trade. These investment-related measures can have trade-restrictive and distorting effects. Under TRIMS, WTO names the list of investment measures which member countries adopt and that discriminates with the foreign investment when compared to domestic ones and hence violate the basic WTO principle of National Treatment. National treatment demands that...
July 19 Sanitary stands for health and hygiene and Phytosanitary stands for plant health and hygiene. The members of WTO have signed an agreement on Sanitary and Phytosanitary (SPS) measures, which provides guidelines for member countries to adopt measures related to food safety and animal and plant health from various biosafety risks arising from trades. These risks are usually related to pests and diseases and may come from risks arising from additives, toxins, and contaminants in food and feed. Each WTO...
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