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The Protection of Intellectual Property Rights Under International Investment Law (Hardcover)
Loot Price: R5,486
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The Protection of Intellectual Property Rights Under International Investment Law (Hardcover)
Series: Oxford International Arbitration Series
Expected to ship within 12 - 17 working days
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In recent decades, foreign direct investment (FDI) has played an
increasingly significant role in world economic activity and
development. In economic terms, the accumulated stock of FDI and
its generation of commercial activity by foreign affiliates have
made FDI comparatively more important than international trade in
goods and services. At the same time, the globalization of markets
and the development of consumer brands in many domestic markets has
brought an increasingly international approach to the management,
and value, of intellectual property (IP) rights. IP Rights have
therefore become increasingly enmeshed with international
investment and the subject of transnational disputes as evidenced
by cases that concern, inter alia, various limitations for
trademarks used on tobacco packaging, or the invalidation of
pharmaceutical patents by domestic courts. FDI is increasingly
involved with the exploitation of IP which underpins highly valued
products and services and this has shifted the balance of return on
FDI from physical to intellectual property. Thus, IP rights have
never been more economically and politically important or
controversial than they are today. There have long been
international treaties that protect IP, but in recent years other
international treaties have come into being that protect IP rights
along with other property rights. These treaties include various
international investment agreements (IIAs), which regard IP rights
as a protected investment. This book analyses the standards of
treatment and protection enshrined in IIAs for IP rights and their
relationship to the key international treaties in IP Rights, with
reference to topics such as the fragmentation of international law;
investor-host-state dispute resolution; investors and investments;
relative standards of treatment (such as most favoured nation);
absolute standards of treatment (such as fair and equitable
treatment); and expropriation. The work fills the significant gaps
left by the comparably small amount of intellectual property
related ISDS case-law. As IP Rights are a more recent concern in
FDI, many questions regarding the relevance of IIA for IP rights
are yet to be decided by investment tribunals. To assist the
practitioner in understanding how IP Rights will be treated in
investment disputes, the work sets out a number of hypothetical
cases based on actual cases decided by other adjudicating bodies in
different legal contexts, such the European Court of Human Rights
or the European Court of Justice and the work also engages with the
issues and applicable law for disputes involving IP Rights arising
from the actions relating to Philip Morris trademarks in Australia
and Uruguay, and Eli Lilly.
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