New EU counterfeit goods regulation
On 24 January 2013, the Internal Market and Consumer Protection committee of the European Parliament endorsed a new Regulation 5129/2013/EC setting out customs procedures for goods suspected of infringing intellectual property rights. The new Regulation, which is poised to replace the Counterfeit Goods Regulation 1383/2003/EC, forms part of a wider European intellectual property strategy. It will extend customsenforcement measures to a larger number of IP rights than under the current regime and provide for the uncontested destruction of small consignments of goods. Notably, however, the new Regulation does not tackle the issue of suspected counterfeit goods that are purely in transit through the European Union.
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