A law to force companies to register and enforce intellectual property is about to be introduced in New South Wales, a bill that could mean the future of intellectual property suits is at stake.
Key points:The proposed bill will make it harder to sue companies for breaching copyright or trademark laws, potentially costing companies millions of dollarsA new bill will allow copyright owners to sue corporations for breaches of copyright, which could cost them millions of Australian dollars.
Key Points:A new law will allow Australian copyright owners or companies to sue Australian companies for breaches under copyright law.
The proposed legislation would allow Australian companies to seek damages and other remedies against Australian copyright holders and/or owners of trademarks in international jurisdictions, including the EU.
The Australian Federal Police is proposing legislation that would enable the Australian Government to enforce intellectual and copyright laws in international courts, including in international trade.
The bill would also allow Australian businesses to sue individuals and/ or organisations in the international legal system for copyright infringement.
“The introduction of new copyright and trademark laws in New Zealand and the United States will be a significant change in our current system,” Attorney-General Mark Dreyfus said.
“Australia is one of the world’s largest economies and we have long maintained that the country has a strong, competitive copyright and trademarks regime that protects our national interests.”
Read moreThe bill will go before the New South Welsh Parliament in March and is expected to be tabled within weeks.
The legislation will make Australian copyright and copyright related laws enforceable in international court, including for infringement in the EU, in particular for the protection of trademarks, which are registered and enforced by the EU in the European Union.
In a statement, New Zealand said the introduction of a similar bill in Australia was part of a wider strategy to “dramatically increase the power of Australian law enforcement authorities in the face of infringement, particularly with regard to copyright and related matters”.
“New Zealand is a leader in copyright enforcement and has strong copyright laws,” New Zealand Director of Public Prosecutions Richard McKeon said.
“The introduction and the enforcement of New Zealand copyright and trade laws will help strengthen the effectiveness of the copyright system in New York, the United Kingdom and the EU.”
Read the full statement.