Monday, September 07, 2009

Third IP Cross-Retaliation Strike Against USA at WTO

For the third time, a successful complainant against the USA at the WTO has won the right to cross-retaliate by limited suspension of intellectual property obligations.

This time, it's Brazil and the dispute involved cotton. Before, it was Ecuador and bananas and then Antigua and internet gambling. Here's the full story and an anlaysis from the must read IP Watch site.

In this case, Brazil claims that "“the value [of the award] is significant, being the second-largest amount ever authorised in the history of the WTO.” However, the USA "was “pleased that the arbitrators awarded Brazil far below the amount of countermeasures it asked for” and “grateful that the arbitrators denied Brazil’s request for unlimited ability to suspend concessions on intellectual property or services.”


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