Has Russia legalised intellectual-property theft? | The Economist

As its economy was being bombarded with Western sanctions in early March, Russia decided to amend a section of its civil code. The world took little notice of decree number 299, which authorised the use of patented inventions, including in medicine and digital technology, from “unfriendly countries” without asking the owner for permission or paying any compensation. Unsurprisingly, Ukraine, which Russia invaded, is deemed “unfriendly”. So are America and the eu, which are not at war with Russia but are pounding its economy and arming the Ukrainians.Russia’s move is not illegal under international law. Countries are allowed to make exemptions to patent rules in a national emergency. Cumbersome paperwork and tedious price negotiations can cause delays. But some compensation, no matter how paltry, is expected. Under Russia’s new law, though, patent holders could get nothing.

Source: Has Russia legalised intellectual-property theft? | The Economist

Discover more from RG Richardson

Subscribe now to keep reading and get access to the full archive.

Continue reading