Wednesday, April 24, 2019
Case study about business law Example | Topics and Well Written Essays - 1000 words
About business law - Case Study grammatical endThe other tactic was using the illegalities of other investors to silence them over the infringement of their intellectual property rights. That was the theme with Sony, where BYD ch each(prenominal)enged the validity of their patents in Japan. Another tactic was the careful copying of patents to get a line that they did not match all design patents, like the case was with the F3. Another tactic was the illegal acquisition of the trade secrets of other companies, for example, that was the case with the documents retrieved from the dusts of Foxconn (Li et al. a 3-5). The learning-by-hiring strategy is unlawful, as it offers a highway through which the patent rights of employers are transferred to rival employers or businesses. Due to its unlawful nature, an aggressive assertion and protection of patent rights can reduce the departure of these trained workers. The tactic of adopting the intellectual property of others and hiding beh ind their illegality in the area of rights protection is illegal, but cannot be proved, especially in the cases where the propertys patent self-control cannot be proved. That was the case with Sony, where their patent ownership in Japan was challenged. ... of trade secrets through the unlawful efforts of insider aides at victim companies is unlawful as the practice amounts to trade secret theft (espionage) therefore BYD could be prosecuted for this action, if it is that they committed the crime (Li et al. a 5). The commission practices at Foxconn, which have contributed to the strategy of BYD entangle that the company should have engaged in continual supervise of the market, to ensure that the infringement of its Intellectual property was reported before it caused damage. The companys greatest evil of trade secrets was caused by its lack of a system to restrict access to trade secrets and information. For example, the company could ensure that non-complete business agreements and non-disclosure were addressed fully and effectively, as it was the cause for the shift of its experts to BYD. Proper information security measures could in addition have been developed to secure vital information to ensure that their trade secrets and vital information were undecomposed (Stender et al. 30). Part 2 The options available to Foxconn include IP management strategies and litigation options. The strengths and weaknesses of the strategy of the administrative system used by Foxconn include the following it requires less load of evidence, it is cost effective and the process is faster. The weaknesses include that low penalties are offered which does not stop repeat offenders. Further, the raids conducted whitethorn not be authentic which whitethorn allow the items seized to reach the market. The use of the judicial system presents the strengths that they would get damages for infringement and intense public press would be exerted on the infringers. The weaknesses o f the process include that it may cost the company high litigation costs, it may
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