⭐ Alternative dispute resolution (ADR) procedures offer several advantages:
➡️ A single procedure. Through ADR, the parties can agree to resolve in a single procedure a dispute involving intellectual property that is protected in a number of different countries, thereby avoiding the expense and
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📝 You can license your intellectual property to be used by another third party. Licensing gives someone the right to use your patented invented or copyright material or even your trademark. For example, a soft drink formula or an article for publication – in a certain area or for a particular
📁 Intellectual Property seeks to monopolize due to the justification for the right. The Competition Law, on the other hand, strives to create healthy competition and to increase the economic efficient of the company. Hence, both these acts, although are completely different in nature, should work
➡️ The Act prohibits: (a) anti-competitive agreement which means agreement (a horizontal or vertical agreement) which has the object or effect of significantly preventing, restricting or distorting competition in any market for goods or services in Malaysia; and (b) any conduct by
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