The risk of misappropriation of IP in cross-border licensing
Often the terms of such agreements include the licensor granting the licensee an exclusive right to use its IP: trademarks, patents, designs, domain names, regulatory approval certificates and other proprietary information including customer data and related know-how in the defined territory in relation to specific products/services, subject to certain obligations on the licensee such as its agreeing to adhere to certain quality control criteria/measures or advertising specifications.
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