CRIMINAL LIABILITY FOR INFRINGEMENTS OF WELL-KNOWN TRADEMARKS RIGHTS: THE DEMAND AND POSSIBILITIES (original) (raw)
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Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022), 2023
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Institute of Legal Education https://iledu.in , 2024
International commerce becomes indispensable in today's competing international market. On the other hand, international commercial crimes such as smuggling, fraud, fake documents, trade boycott, policy backing, and economic espionage and the favor of the techniques and means of the settlement are becoming unexpected, avant-garde, and hard to detect and resist. The theft of the international commercial sector is estimated to amount to one million in the world every day. The 5% coefficient of the agreement among the international trades can successfully refer to those of the commercial fraud and the commercial espionage. The smooching value estimated at 1 or 2% of the overall trade on a tariff rates is the ground confirmed by one of the current literations. Among the worst strong forces where binaries are rampant, approximately 3 or 5% are involved in the payment of it. Companies must be equipped with the wide knowledge of the trends and the probable styles of the commercial crimes as stated above, without adequate prevention of threats and exposure, in accordance with the provisions of the objectives of the Crimes and Punishment against the provisions of the Judiciary Administrative Process. Keywords: International, Commercial Crimes, Crimes, Administrative Process