- Is parallel import legal in Malaysia?
- How do I stop parallel imports?
- What is a parallel export?
- What is parallel trading?
- Are parallel imports the real thing?
- What does a GREY import mean?
- What is branded import?
- Is parallel import legal in Singapore?
- What are parallel import goods?
- How are parallel imports regulated?
- Is parallel importing legal?
- What is a GREY or parallel import?
- Are GREY imports illegal?
- Why are parallel imports cheaper?
Is parallel import legal in Malaysia?
In conclusion, parallel import is permissible in Malaysia to a certain extent.
The registered proprietor’s rights are “exhausted” once the goods upon which the trade mark has been affixed by the registered proprietor or its permitted user are legally placed on the market..
How do I stop parallel imports?
Thirdly, by carefully drafting its contracts, a company can also lawfully prevent parallel trade in certain circumstances. For example, where products are sold to wholesalers outside the EU, a clause which prohibits the re-import of such products into the EU may be considered.
What is a parallel export?
Parallel exporting means buying medicines placed on the market in the UK for UK patients so that you can sell them in another country in the European Economic Area ( EEA ). You cannot parallel export medicines on the restricted medicines list.
What is parallel trading?
Parallel trade is the cross-border sale of goods within the EU by traders outside of the manufacturer’s distribution system without the manufacturer’s consent.
Are parallel imports the real thing?
As defined on Wikipedia “A parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner.” This simply means we directly import genuine products from suppliers overseas.
What does a GREY import mean?
A “grey import” is a product that has been imported from a country outside of the EU and therefore outside of the manufacturers authorised trading channels.
What is branded import?
Parallel imported goods are genuine branded products that are imported into New Zealand (or other countries) and sold within that market without the brand’s owner consent.
Is parallel import legal in Singapore?
Introduction. Parallel imports are genuine goods that are put on the market by a trade mark proprietor in one country, and subsequently purchased and imported into another country for resale. Singapore permits parallel importation.
What are parallel import goods?
Parallel-imported items are items that have been imported to Japan through someone other than official representative agents chosen by manufacturers. Parallel-imported items may be less expensive than the items which are imported by official representative agents chosen by manufacturers.
How are parallel imports regulated?
The UK parallel import licensing scheme lets a medicine authorised in another EU Member State be marketed in the UK, as long as the imported product has no therapeutic difference from the same UK product. … you hold a wholesale dealer’s licence covering importing, storage and sale for each product.
Is parallel importing legal?
When a product is first sold on the market territory, parallel importation is authorized to all residents in that state. Some countries allow it, but others do not. … There is no such law prevailing to stop this kind of importation. Under the UAE Law, there is no direct term recognized as “Parallel Import”.
What is a GREY or parallel import?
Parallel imports (or gray market goods) refer to branded goods that are imported into a market and sold there without the trademark owner’s consent in that market.
Are GREY imports illegal?
1) Grey Imports are Illegal – They’re not, there’s nothing illegal about grey imports, you’re not going to get caught by the AFP or any of that sort of stuff.
Why are parallel imports cheaper?
Parallel import cars are cheaper They need stunning showrooms, a huge staff, marketing activities, etc. The cost of those overheads is factored into their car prices.