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European-law aspects of parallel trade
Naatz, Alena
1. Parallel trade in general Parallel trade is characterized by the export of a product from a country where it is purchased for a lower price and its sale in a market where it is sold for a higher price, in competition with the same kind of product in the import market. This manner of trade assumes that the product is placed on the export and import markets by the producer or with the producer's consent. The product need not be protected with intellectual-property rights in order for this to involve parallel trade. Despite this, in most cases parallel-traded goods will be protected with a patent, registered trademark or copyright.1 This is particularly because connecting a product with intellectual rights provides the producer with an economic monopoly, which is reflected in the generally higher price of the product on the market and the common price differences between individual markets. Parallel, or concurrent, trade is also called arbitrage. A parallel importer uses the difference in the price of a product in the export and import markets2 . The price of a parallel- imported good in the country of import will logically be higher than the price in the export market, though at the same time it will be lower than the price of the same product in the import market. Parallel import creates pressure on the...
Detailed record
Aspects of European law in parallel imports
Naatz, Alena
;
Svoboda, Pavel
(advisor) ;
Pítra, Vladimír
(referee) ;
Munková, Jindřiška
(referee)
Detailed record
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