“Commercial Awareness Is Global.”
By: Omar Ha- Redeye and posted on Slaw on March 23, 2010. Luxury good maker Louis Vuitton Moet Hennessy (LVMH), who produces Moet & Chandon champagne and Dior perfume, claimed that Google’s advertising polices violated their trademark. The practice in question was the use of key words related to brand names by counterfeiters, who would then link to online stores. Based on
By: Ainsley Brown Wachovia bank has agreed to pay $160 million to US authorities in order to settle charges brought against it. The bank was accused by the US Justice Department and banking regulators of not having sufficient controls in place to prevent Mexican drug cartels from laundering millions of dollars through the bank using exchange houses –casas de cambio
By: Carsten Lexa Money helps a lot when it comes to exchanging goods. One buys the goods, pays with cash and takes the goods away. So far, so good. But what if free cash to spend is a rare thing? For example in times like today, when the economy is not doing well and money is scarce? Today, more and
By: Ainsley Brown EBay was fined yesterday €1.7 million by the Paris Commercial for violating an injunction prohibiting the sale of LVMH products on the online auction site. The injunction was imposed on eBay last year after it was taking to court by LVMH for allowing the sale of its products on its site. LVMH, the world’s largest luxury good
By: Ainsley Brown First France, now the UK. The L´Oreal v eBay counterfeiting war goes on with yet another victory for eBay, this time in the English High Court. In L´Oreal Takes eBay To Court I mused: While I will admit that I do not have the full particulars of the case, I just have a feeling that L’Orèal is
By: Ainsley Brown This is a follow up to: L´Oreal Takes eBay To Court. The pending court case launched in France by L´Oreal against eBay is now in. And it is not good news for L´Oreal. A French court ruled that eBay has sufficient anti-counterfeit measures in place to prevent fake L´Oreal and other branded products from being sold on
By: Ainsley Brown The online casino operator famous for its online poker – PartyPoker – ended its protracted battle with US authorities and agreed to pay a $105 million fine. In 2006 US law makers made internet gambling illegal – something about crossing state lines and international boundaries – cutting deep into the earnings of PartyGaming and other online gambling
By: Ainsley Brown The Jamaican Coffee Industry Board (CIB) launched its new website last week. The site, according to The Gleaner, promises to be the main source of comprehensive information on Jamaican coffee for buyers and stakeholders. The CIB, a quasi-independent statutory body, is charged with the responsibility of having oversight over the various players in the Jamaican coffee industry.
By: Ainsley Brown The French cosmetics giant, L’Orèal is suing eBay alleging that eBay is putting its customers at risk by failing to adequately address the sale of fake products on its website. The case opened in High Court this Monday in London. According to L’Orèal its issues with eBay stem from the sale of counterfeit products, parallel imports, unboxed
By Charles Kamau Wanguhu In the development of new legislation and regulations to keep pace with innovations and developments in a sector of the economy in whose interest are the regulations? Furthermore in keeping pace with innovation should regulation be geared to maintaining status quo or enabling new innovations? What are the opportunities for capture of regulatory authorities by