Discuss the causes and solutions of parallel imports and their effect on price. Parallel import may cover both goods manufactured in the jurisdiction applying the national exhaustion regime, which have been sold first by the ipr holder outside that jurisdiction and subsequently imported therein (ie parallel re-import) or goods manufactured outside that jurisdiction and imported in that country. Parallel imports and international trade 1 introduction parallel imports are one of the most iridescent and enigmatic phenomena of international trade on the one hand, they strictly follow the laws of the market yet on the other hand, the laws of the market are not the only ones that apply to this kind of activity.
China (shanghai) pilot free trade zone's pilot program on parallel imports of cars, which allows dealers to purchase cars directly from abroad, has evoked good response and is likely to be extended to more areas, officials said on monday the ministry of commerce gave the green light to 17 companies for parallel import of cars in february. Empirical data on parallel trade is very limited the reason for this, in turn, is that parallel imported pharmaceutical aren’t separated from licensed imports when trade statistics are kept (maskus, 2001) theoretical arguments can therefore seldom be challenged with empirical data.
3 22 the theory of parallel imports parallel imports affect a wide range of industries, spreading from traditional luxury and brand-name consumer products (wines, cameras, and watches) to industrial products. Rand journal of economics vol 39, no 2, summer 2008 pp 378–402 parallel imports and price controls gene m grossman∗ and edwin l-c lai∗∗ price controls create opportunities for international arbitrage. Causes and solutions for parallel imports causes for parallel economy there are several factors responsible for the emergence – of parallel economy it would be relevant to discuss those factors so that a correct understanding about the genesis, growth and expansion of black money can be made.
Parallel imports may cause similar concerns for the manufacturer, but unauthorized dealers are perceived as further removed from the manufacturer therefore, there is less risk of confusing consumers when parallel imports are channeled through unauthorized dealers. Parallel importing is a form of international trade that is oftentimes referred to as the “gray market” because it is a gray area it needs some specific examples and explaining so that all parties are aware of its meaning and understand its lawfulness. Parallel imports (sometimes referred to as gray market goods) refer to branded goods that are imported into a market and sold there without the consent of the owner of the trademark in that market.
Parallel importing occurs when ineffective management fails to charge the reasonable price for any product and the supply of the product the taxes on products are high or the vat id high currency exchange rate is a very big cause to parallel imports. Retail case: understanding the impact of parallel imports by jimmy ho ¬ 10/10/2017 understanding brand presence and overall share in the market is a key consideration when formulating marketing strategy, but your office local sales figures may only be telling part of the story. Discuss the causes and solutions of parallel imports and their effect on price parallel imports develop when importers buy products from distributors in one country and sell them in another to distributors who are not part of the manufacturer’s regular distribution system. • parallel imports are often referred to as grey product, and are implicated in issues of international trade and intellectual property classification: • passive parallel imports: it occurs when patented or marked goods are purchased in a foreign market and resold in the domestic market.
Under parallel imports, cars are brought directly from overseas to bypass distributors and dealerships so that they can sell the same at discounts of 10 to 25 percent. Parallel imports stands for the imports of non-counterfeit goods from overseas without taking permission from the intellectual owner of that goods it is also called as grey products and is related to international trade of intellectual property.
Answer to discuss the causes and solutions of parallel imports and their effect on price. This article aims to explore solutions for trademark rights holders in their fight against other importers by analysing court cases, one of the international trademark association’s board resolutions and selected countries’ legislative practices when parallel imports actually occur, trademark rights holders may take action against a.
China (shanghai) pilot free trade zone's pilot program on parallel imports of cars, which allows dealers to purchase cars directly from abroad, has evoked good response and is likely to be.