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Facing an IP Infringement? Here are Your Options

Nicholas by Nicholas
July 30, 2022
in Economy
0

The world of intellectual property is incredibly nuanced and the laws surrounding it are constantly changing. When you find yourself dealing with an IP infringement, the process of handling that situation can be confusing and overwhelming. How do you know if you’re dealing with a false claim or a legitimate infringement? What kind of action should you take to protect your business?

Image created by Market Business News.

Unless you work in the same industry as your competitor, chances are you have nothing to worry about when it comes to copyright infringement. But for businesses that operate in a more competitive niche, IP infringement poses a much greater threat. Every business needs a solid plan for handling the situation from start to finish. Here’s what you need to know in order to handle an IP infringement with confidence and poise:

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What Is IP Infringement?

Intellectual property, or IP, is a form of legally recognized, non-physical property that includes trademarks, copyrights, patents, and trade secrets. It’s important to note that the IP you hold doesn’t necessarily have to pertain to your business. It’s more of a general term that refers to any creative property that you have created. It’s also important to note that IP doesn’t expire, so the creative property you’ve created at any point in your career still falls under this term. IP infringement is when someone either steals your work or uses one of your creations without permission.

The most common form of IP infringement is when someone steals your intellectual property. This can occur in a variety of ways, including when someone uses your logos or trademarks without permission, when they use copyrighted material without permission, and when they use patented material without permission.

False Claims of IP Infringement

While IP infringement is a real and concerning threat, false claims of IP infringement are also a growing trend. When you’re trying to build a business out of nothing, it can be hard to find your footing — especially when you’re up against competitors that have been in the game for decades.

One way to try and get an edge on the competition is to accuse a superior brand of IP infringement in hopes that their reputation takes a hit. This is a common occurrence in the beauty and cosmetic industry — brands falsely accusing their competitors of infringement when the products are completely unrelated. This can be costly and time-consuming to deal with, so it’s important that you have a strategy in place to handle the situation.

When Action Is Needed for IP Protection

In some cases, you might be dealing with a false claim of IP infringement, but you have reason to believe that it’s not just a competitor trying to throw you off their scent. In these cases, you should report the issue to the proper authorities. You can report IP infringement to the proper authorities by filing a complaint with the Federal Trade Commission (FTC) or the Patent and Trademark Office (PTO). If you are dealing with a false claim, you should also file a report with the FTC.

Take Action to Defend Your Brand

If you have reason to believe you are dealing with a legitimate infringement, you need to take action to defend your brand. Depending on the circumstances, there are a variety of ways you can defend your brand. Depending on the circumstances and the nature of the infringement, you may need to file a lawsuit to protect your intellectual property and/or defend your brand. IP Guardian are a great IP Attorney in Sydney. This is the most extreme form of defence, and it is recommended only in extreme circumstances.

Depending on the nature of the infringement, you may be able to file an injunction against the infringer through the court. This is a much less extreme option and will often come with a smaller financial cost.

Roll-back Strategies for IP Defence

In extreme circumstances, you may need to take drastic measures to defend your brand. One of the most drastic measures is known as a roll-back strategy, which is when you completely eradicate any trace of intellectual property from your business. This can be extremely costly, time-consuming, and damaging to your reputation, making it a last-resort option.

However, in some cases, it may be the only way to truly defend your brand. Depending on the circumstances, you may need to roll-back your entire business. This could include eradicating your name from your website, rebranding your website, and removing any logos, branding, and advertisements related to your brand.

Conclusion

IP infringement can be a scary situation, but it’s important to remember that it happens to almost all businesses. The important thing is to have a plan in place to deal with the situation when it arises. When you’re faced with an IP infringement, the first thing you need to do is remain calm. Try to gather information and determine whether the claim is legitimate or a false claim to prevent rash decisions that could harm your brand. Once you know what course of action to take, defend your brand with confidence and poise.


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