Official Says China May Raise Damages Caps for IP Violations

April 14, 2015 8:36 AM

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China is considering raising its notoriously low limits on damages for intellectual property violations and strengthening litigation on trade secret theft, a Shanghai city official said Tuesday.

The comments by Lyu Guoqiang, commissioner of Shanghai's Intellectual Property Office, echo an action plan issued in December by the State Council, China's top administrative authority, which called for "increasing the application of criminal fines" as part of an effort to enhance criminal enforceme...

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