Intangible assets

Red Bull loses lawsuit against local soda company

Austrian energy drink giant Red Bull lost its trademark cancellation lawsuit against a local company producing soda in the Mediterranean province of Antalya.

In the last hearing of the case held in an Ankara court, Red Bull's case was dismissed on the grounds that there was no similarity between the two trademarks.

China Is Introducing Strict Intellectual Property Protection System

The head of the State Intellectual Property Administration (NIPA) has announced that the country will strictly implement a strict intellectual property protection system and will not stop building a good environment for innovation and business.

Shen Changyu, director of NIPA, made the comment at the 10th China Intellectual Property Conference in Hangzhou.

Bulgarian Cable TV Owners Evade Taxes on Large Scale

There are 2.4 million TV customers, of whom 700 thousand in the so-called grey sector, for which the state officially does not know. By doing so, the cable TV owners, while committing crime against intellectual property, evade taxes on a large scale, Spokesperson of the Prosecutor General Rumyana Arnaudova told a press briefing, a FOCUS News Agency reporter said.