Thursday, 5 October 2017

Chile's project: promoting, protecting and boosting traditional products

Through the ‘Sello de Origen’ program the Chilean presented to the legal representative of the Sociedad Agrícola Punucapa SA, producers of Cider. With the certification of a Denomination of Origin (DO) to ‘Sidra de Punucapa’. The successful application was the result of a collective effort to “recognize, distinguish and protect this traditional low alcohol drink, based on apple juice, whose history goes back to the middle of 1800.”

Sidra de Puncapa is totally handmade, and it is said to be derived from the traditions of the place. This, added to the “climate of the area, with humid oceanic characteristics with low thermal oscillation and considerable rainfall, allow to obtain a unique product that has led to its recognition.”

Looking at these characteristics one can see why this fall under DO and not just a geographical indication. The Chilean Industrial Property Law defines a Geographical Indication as aimed to “identify a product as originating in the country or region or locality in the country, when its quality, reputation or another property is fundamentally attributable to its geographical origin.” From here you can notice that the Sidra de Puncapa is not just a locality where the product is produced and manufactured and that it has a reputation but it goes farther than these factors. Following then the definition of DO under the Chilean Industrial Property Law we see that DOs “identify a product as originating in the country or region or locality in the country, when its quality, reputation or another property is fundamentally attributable to its geographical origin, also considering other natural and human factors that affect the product’s properties.” We therefore understand that Sidra de Puncapa has other special characteristics that are essentially due to the geographical environment in which they are produced. It bears a qualitative and stronger connection between the product and the place of origin which is determined by a set of natural factors (climate), and by a set of human factors (know-how such as in this case the traditional knowledge).

The Chilean Ministry of Economy together with the Chilean Instituto Nacional de Propiedad Industrial (INAPI) launched the program ‘Sello de Origen’. The project aims to promote traditional products through the grant of Geographical Indication (GI), denomination of Origin (DO), Collective Trade Marks and/or Certification Marks.

Source INAPI. More information about GIs in Chile here. There is also a Factsheet specifically focused on the Chilean system to protect Geographical Indications produced by the Latin America IPR SMEs Helpdesk here.

Wednesday, 4 October 2017

A legal battle over a ‘Champagne Biscuit’

Carozzi, a Chilean multinational company specialised in the food industry, won a legal dispute against the Comité Interprofessionnel du Vin de Champagne (Inter-Professional Committee for Champagne Wine - CIVC) for the use of the word Champagne to identify one of its products.
The controversy began two years ago when Carozzi requested the registration of the mark ‘Costa Galleta Champaña’ (Coast Champagne Biscuit) before the National Institute of Industrial Property (Instituto Nacional de Propiedad Industrial – INAPI). At that time, the Committee for Champagne Wine opposed the registration of the mark, claiming the non-authorised use of a French appellation of origin recognised by Chile and world famous sparkling wine.

Pouring the news...
The INAPI initially rejected the registration of the mark. However, Carozzi appealed the decision, and the Chilean Industrial Property Tribunal later granted its registration. Dissatisfied with the decision, the Committee for Champagne Wine filed an appeal (in cassation) with the Supreme Court. The Second Chamber of the Supreme Court of Chile analysed whether the registration of the mark ‘Costa Galleta Champaña’ would affect the intellectual property rights of the French wine sector due to possible confusion among consumers generated by the use of the word ‘Champagne’, as alleged by the CIVC.

In that regard, the Court concluded that the mark and the appellation of origin could coexist peacefully on the market because there is no risk of misunderstanding, deception or confusion on the part of consumers. As expected, the Committee for Champagne Wine filled a revocation before the Constitutional Court, which upheld the decision.

In this way, all legal instances were used and, despite the utilisation of a protected appellation of origin, Carozzi can freely use the word Champagne as the name of one of its most popular products in Chile.

Sources here, here and here.

Post written by Florelia Vallejo Trujillo
Assistant Professor, Universidad del Tolima, Colombia
PhD Candidate University of Nottingham, UK

Monday, 2 October 2017

EU Piracy Study Finds No Connection between Piracy and Sales

Most of us have participated in a form of digital piracy in one form or another. Maybe you’ve downloaded a song off the internet, or even found a copy of your legal textbook online and paid less than what the published intended? Once you turned off your computer and found your reflection in the darkness of the screen, did it betray your abject feelings of guilt? Perhaps not. After all, a study in 2012 found that 57% of the world’s computer users confess to pirating software, and in April of 2017, a study found that 93% of millennials who pirate video content experience no guilt.

Piracy has become normalized in the modern world, despite efforts from publishers and online retailers to criminalize, at least morally, the act of digital theft. The premise of many such corporations, especially those involved in video games and audio-visual content, is that the use of piracy is directly proportionate to the amount of sales lost. In an attempt to clarify this connection, the European Commission paid over € 300,000 to initiate a study which examined the sales of copyrighted music, books, videogames and movies, and how piracy impacts them. The study itself was completed in 2015, but was intentionally prevented from going public, claims EU Law blogged Maren Schmid, because it did not suit the Commission's agenda. It has recently come to light thanks to Julia Reda, a European Parliament Member, representing the ‘German Pirate Party,’ who posted the study in her personal blog after gaining access using an EU Freedom of Information Request.

The study itself is remarkably clear in its findings, examining data from EU countries and concluding that the correlation between piracy and profit is nonexistent except when considering major blockbuster films. Interestingly, the study also confirms what prolific pirates have been claiming for decades, that access to a product at a reasonable rate using a reasonable platform encourages widespread legal consumption.

A study in March 2017 found that the eBook pirates are predominately old, educated and wealthy, making between 60,000 to 100,000 a year . Why would these wealthy individuals seek out illegal platforms when they can easily afford to purchase? Upon surveying contemporary eBook marketplaces, the general consensus is that eBooks cost more than their printed counterparts, even though they lack a physical condition. Even a wealthy individual may feel cheated or taken advantage of when considering purchases. This is highly discouraging to any prospective buyer, and pressures them into piracy. Changes to this confounded system would be mutually beneficial for all parties involved, giving reasonable prices to consumers at the same time as raising the profits of the publishers. For an example of when this works, examine platforms like Netflix for video consumption and Steam for videogames, which have streamlined access to content and have enjoyed massive consumer participation and profit margins.


If the publisher perspective was to be maintained, that piracy was a dominant force in limiting profits, why would Netflix and Steam have a combined userbase of over 200 million when all the content on their respective platforms can be pirated? This study confirms what has been recognized by the pirating communities for decades, that if the platform is accessible, and the price is reasonable, piracy becomes a non-issue.

Post written by Dalton Tucker
LLB University of Buckingham

Friday, 29 September 2017

Promoting the IP system in Brazil

The INPI has had a busy couple of weeks. This week INPI’s president participated in a meeting with representatives of the Intellectual Property Office of the European Union (EUIPO). The aim is to bring a partnership between INPI and EUIPO, through the ‘IP Key Latin America’ which promotes the IP system in Brazil.

The IP Key Latin America has been carried by EUIPO as a European Union (EU) body. The project aims “to stimulate the improvement of IP systems in countries outside the EU.” Mainly it promotes “the exchange of good practice of examination and management, the development of Information Technology tools and participation in global protection systems. The scope of the project can include actions such as the preparation of studies, the organisation of seminars and training events, missions of experts, among other activities.”

Covering issues of cooperation Brazil has also seen in the last couple of weeks two other teamwork/co-operation. The 14th September INPIs’ presidents from Brazil and Argentina, signed a memorandum of understanding, to increase cooperation between the two countries in Industrial Property. In the same line and aiming the same as the IP Key Latin America, this cooperation also promotes “manuals and guidelines for trade marks and industrial designs” It extends to cover “priority projects in the examination of patents; exchange of experiences; bilateral collaboration in the analysis of patent applications; and promoting the use of the IP system in both countries.” INPIs’ presidents also discussed international IP negotiations in Mercosur, the Cooperation System on Operational and Industrial Property Aspects (Prosur), the Ibero-American Industrial Property Program (IBEPI), the Organization World Intellectual Property Organization (WIPO) and the World Trade Organization (WTO).

In September also the INPI received a visit from the Danish Patent and Trademark Office (DKPTO) to discuss potential partnerships. The Danish learned about the INPI systems such as the priority examination projects, the digitalization of trade mark documents, among other topics.

Finally INPI announces the World Intellectual Property Organization (WIPO)’s new office in Brazil, located in Rio de Janeiro.

Thursday, 28 September 2017

Brazil: Geographical Indications in a map

Mapa das Indicações Geográficas brasileiras Source:INPI
We hear about a new map…GI map? The Brazilian Instituto Nacional da Propriedade Industrial (INPI) together with the Brazilian Institute of Geography and Statistics (IBGE) have prepared a Map of Geographical Indications of Brazil - available since September 13th, 2017. The Map is one of the results of the agreement between the two Institutes. The aim is to map the Brazilian production and service areas which have received a GI from INPI.

The map incorporates 4 new products recently recognised as Indicação de Procedência (Indication of Source). Brazil has two forms of Geographical Indication (GI): Denominação de Origem (DO) [there are 10 DOs in Brazil] and Indicação de Procedência [49 ISs in total]. DO is more valued because it depends on proof that the product has special characteristics due to its geographical environment, including natural AND human factors.

The new 4 products are: inhame da região São Bento de Urânia (yam), erva-mate de São Matheus (yerba mate), uvas finas de mesa de Marialva (grapes), and the mel de abelhas do oeste do Paraná (honey). The map also shows the farinha de mandioca (flour) of Cruzeiro do Sul, located in the region of Juruá, Acre registered on August 22.

Peru: examples of good practice

The Peruvian Institute of the Fair Competition and Intellectual Property recently attended the Asia-Pacific Economic Cooperation (APEC) Forum, held in Ho Chi Minh City, Vietnam.
National experts from the different areas of IP were attending diverse workshops and meetings at the event.

Traditional Knowledge
Peru showed itself as the leading economy in protecting indigenous peoples' collective knowledge by putting forward a virtual platform related to the TK linked to the biodiversity of the country. In this session of the forum, particular discussion was held “regarding the protection of ancestral knowledge of Peruvian indigenous peoples, in order to preserve and defend them against misappropriation by third parties [by national Law No. 27811]”. Such virtual platform would also see the linking of the TK holders with the potential users, such as universities and research centres.
Peru is part of the Andean Community (CAN). Back in 1996 CAN passed Decision 391 which became the first law in the world to establish general principles for the protection of TK. By 2000 Decision 486 on the Common Industrial Regime for the Community built upon such principles and
created further measures for a defensive protection of TK.
Peru is the second largest Amazonian country and 35% of its population its indigenous. In 2002 Peru passed a law (27811) for the protection of collective knowledge of indigenous peoples related to biodiversity and in 2004, Peru created the National Biopiracy Prevention Commission (Law 28216).

Inventions and New Technologies
Experts on the subject attended the seminar "Opportunities and Challenges in the Marketing of Protected Vegetable Varieties in the APEC region". In this session the national experts talked about "Success stories “sharing Peruvian examples relevant in the commercialization of plant varieties. INDECOPI informs that the information imparted in the seminar was also shared in another seminar organised by the Vietnam Ministry of Agriculture and Rural Development, aimed at Vietnamese professionals, researchers and companies.

Trade Marks
Specialists on this topic participated in the workshop: "Delimitation of trade marks and infringements in a border context".

Source INDECOPI

Tuesday, 26 September 2017

Chile: Subsidio estatal para el patentamiento vía PCT de invenciones chilenas

En Chile el Instituto Nacional de Propiedad Industrial- INAPI dio inicio al Programa de Apoyo al Patentamiento de Invenciones Chilenas en el Extranjero vía PCT junto con la Corporación de Fomento de la Producción (CORFO). 

Esta nueva línea de financiamiento busca dar apoyo directo a empresas nacionales que requieren proteger invenciones en el exterior. Según las bases técnicas, los beneficiarios son personas naturales mayores de 18 años, que posean la calidad de "Empresarios Individuales", y empresas constituidas en Chile con iniciación de actividades en primera categoría del Impuesto a la Renta, quienes deben contar con un acuerdo con la entidad proveedora de conocimiento. Se excluyen aquellas personas jurídicas cuyo único objeto social sea la capacitación, y a las universidades, institutos profesionales y centros de formación técnica.

El programa pretende fomentar y contribuir a la internacionalización y protección de invenciones desarrolladas por empresas nacionales, mediante el cofinanciamiento del proceso de protección internacional llevado a través del sistema de patentes, y el fortalecimiento del plan de negocios para su internacionalización, con la finalidad de abrir nuevos mercados y aumentar significativamente la competitividad de las empresas.

Sus objetivos específicos son:
Facilitar, promover y aumentar la protección de invenciones patentables en el exterior a través de PCT.
Fortalecer el plan de negocios asociado a la invención con foco en la dimensión de internacionalización y estrategia de protección, que apoye la consolidación comercial de la invención nacional en el extranjero.
Contribuir a la generación de conocimiento y capacidades nacionales relacionadas con los procesos de internacionalización de invenciones y fortalecimiento de planes de negocio.
Complementar las acciones de valorización, empaquetamiento y comercialización de las invenciones en el extranjero, apoyando las etapas asociadas al proceso de internacionalización.

El monto de financiamiento llega hasta los 35 millones de pesos (55 mil dólares aproximadamente), el cual cubre -según el tamaño de la empresa-, hasta el 70% del costo del proyecto. El resto debe ser aportado por el beneficiario con aportes en dinero. La ayuda se centra en las etapas intermedias de la cadena de transferencia de la I+D+i generada hacia mercados globales, considerando además el fortalecimiento del plan de negocio y la elaboración de estrategias de patentamiento internacional.

Las propuestas deberán presentar los siguientes antecedentes mínimos al momento de la postulación:
a. Solicitud PCT ante el Instituto Nacional de Propiedad Industrial de Chile.
b. Informe de búsqueda internacional y opinión escrita favorable emitida por una Administración encargada de la búsqueda internacional (ISA).
c. Plan de negocios preliminar vinculado a la invención a patentar, con foco en la dimensión internacional y estrategia de propiedad industrial.

Más información del programa en este enlace.

The Political Economy of Pharmaceutical Patents in Latin America

A new book is hitting the shelves. Prof Kenneth C. Shadlen, London School of Economics and Political Science (LSE), UK writes to inform us of his new book Coalitions and Compliance: The Political Economy of Pharmaceutical Patents in Latin America. Prof Kenneth teaches Development Studies in the Department of International Development at LSE.

Oxford University Press describes the book as
Coalitions and Compliance examines how international changes can reconfigure domestic politics. Since the late 1980s, developing countries have been subject to intense pressures regarding intellectual property rights. These pressures have been exceptionally controversial in the area of pharmaceuticals. Historically, fearing the economic and social costs of providing private property rights over knowledge, developing countries did not allow drugs to be patented. Now they must do so, an obligation with significant implications for industrial development and public health. This book analyses different forms of compliance with this new imperative in Latin America, comparing the politics of pharmaceutical patenting in Argentina, Brazil, and Mexico.

Coalitions and Compliance focuses on two periods of patent politics: initial conflicts over how to introduce drug patents, and then subsequent conflicts over how these new patent systems function. In contrast to explanations of national policy choice based on external pressures, domestic institutions, or Presidents' ideological orientations, this book attributes cross-national and longitudinal variation to the ways that changing social structures constrain or enable political leaders' strategies to construct and sustain supportive coalitions. The analysis begins with assessment of the relative resources and capabilities of the transnational and national pharmaceutical sectors, and these rival actors' efforts to attract allies. Emphasis is placed on two ways that social structures are transformed so as to affect coalition-building possibilities: how exporters fearing the loss of preferential market access may be converted into allies of transnational drug firms, and differential patterns of adjustment among state and societal actors that are inspired by the introduction of new policies. It is within the changing structural conditions produced by these two processes that political leaders build coalitions in support of different forms of compliance
A book about... tango is finished!
Lost in translation...
Prof Ken describes his book as
"a new book on the political economy of pharma patents, examining the debates about introducing new pharma patent systems, when this became compulsory post-TRIPS, and then, once in place, debates over revising how these systems function. The empirics are from three LatAm countries (Argentina, Brazil, Mexico)."
How I describe the book:
"haven’t read it yet…but looks promising."
"A must read."

In the near future will do a review.

To be continued…

More information here.

Thursday, 21 September 2017

Dancing with pride: Jeremy did it!

Our dear Jeremy Phillips, the founder of the IPTango, IPKat and many other IP blogs, was awarded the David Goldring Volunteer Award from Marques. The Marques website describes beautifully the meaning of the award attached to the name David Goldring whose 'huge contribution to the organisation over the years' was remarkable [more info here]. David Goldring passed away in June 2016 and the award was 'inaugurated and was presented to his wife Delia (Dee) Goldring at the Annual meeting in September 2016'. This is the second time the award is awarded and it is with such pride that we hear that our own Jeremy was the recipient!

Jeremy is a well known figure among IP lawyers. He has been one of the top IP professors, researcher and practitioner but one of his key characteristics and quite valuable is his passion for whatever he does (surely after retirement he may be running after the grand-kids with a big smile -- perhaps he is learning to dance tango). His energy is contagious and it is an example that many of us follow.

Congratulations Jeremy! Felicidades! We miss you.

Wednesday, 20 September 2017

New Registers can Oppose Marks Previously Filled for Registration

Monsieur Periné, a Colombian musical group, achieved recognition of its name as a well-known trademark. This declaratory was made by the Superintendence of Industry and Commerce (SIC) within the opposition process issued by this musical group against the register of the mixed mark ‘Monsieur Perruné’ filed for registration in class 41 by Emepe S.A.S., a company offering live music performances and services. One of the arguments used by the company in its defence was that its application for registration of the trademark was issued before (14 October 2016) to that one made by Monsieur Periné (11 November 2016). Under Article 136 of the Decision 486 of the Andean Community of Nations (CAN) the signs that would unduly harm a third-party right cannot be registered as marks, especially when ‘they are identical or similar to a mark previously filed for registration or registered by a third party in respect of the same goods or services, or for goods or services regarding which the use of the mark could cause a risk of confusion or association.’ (Emphasis added)
  
However, more than an argument against the opposition issued by Monsieur Periné, this just goes to show that the musical group is acting in line with the Colombian trademark law. The opposition is a legal proceeding that anyone with a legitimate interest can initiate to try to prevent the registration of a mark. On the matter, Article 147 of the Decision 486 of the CAN establishes that ‘the opponent shall prove his genuine interest in the market of the member country in which the opposition is filed, which they must do by applying for registration at the time of filing the opposition.’ From these two Articles, it has been interpreted that an opposition can be suited either when there is a mark previously filled for registration or already registered, or when no registration exists. Unless the opposition is presented based on the prior existence of a register, the opposition must be issued together with an application for the registration of the mark that allegedly could be violated with the concession of the opposed mark.

Evidently, Monsieur Periné is a successful musical group otherwise its name would not have been recognised as a well-known mark. By contrast, Emepe S.A.S. was a little know company, which apparently was trying to take unfair advantage of the prestige of Monsieur Periné. This, because of the obvious similarities between the signs ‘Monsieur Periné’ and ‘Monsieur Perruné.’
The case in which a registered mark is declared well-known within an opposition process was analysed in a previous post. (See post here)

Finally, a document of opposition does not require a petition for the recognition of a well-known mark, but, if included, the decision must not necessarily be favourable. For example, the register of the sign ‘Forever Sexy’ filled in class 25 by Victoria’s Secret was recently denied. The decision was made based on the prior registration of the mark ‘Forever’ in classes 9, 14, 18, 24, 25, and 35, a property of Forever 21 Inc. ‘Forever’ was not recognised as a well-known mark at the end of this process. Nonetheless, due to their similarity, the mark ‘Forever Sexy’ was not able to be registered.

    









Post written by Florelia Vallejo Trujillo
Assistant Professor, Universidad del Tolima, Colombia
PhD Candidate University of Nottingham, UK                    

Friday, 15 September 2017

The Pope's visit to Colombia: an IP matter

Early September Colombia received a very special and anticipated visit.
As Pope Francis prepared to visit Colombia for a six-day Apostolic Journey, there were some challenges before the arrival of the leader of the Roman Catholic Church. One of the main issues as expected was security. The visit was taken and aimed to “dream about the possibility of transforming [Colombia] and taking the first step.” Colombia is said to be a war-torn country (with more than 50 years of armed conflict) and the visit promoted the themes of peace and reconciliation.

Official Logo and slogan - 'Demos el primer paso'
According to the Vatican Radio ‘The logo of the Journey contains the motto of the Pope’s Apostolic Journey: “Let’s take the first step”’. Such sign was especially created for the visit of Pope Francis to Colombia.

demos el primer paso
http://www.sic.gov.co
Before the Pope’s arrival an application for registration of the mixed sign ‘demos el primer paso’ was presented by the Episcopal Conference of Colombia at the Superintendence de Industrial y Comercio (SIC). The Episcopal Conference of Colombia is a collegiate body constituted by the bishops of the country, and are the legal representatives of Pope Francis in Colombia.

During the registration process there were no oppositions and the examiner not finding any grounds of irregularity established by the Decision 486 of the Andean Community granted the mark on 23 August 2017 (Resolution 50963/2017).

The newspaper El Mundo acknowledges that the image of celebrities and famous people is common in Colombia since SIC allows the registration of names of ‘personas’ to avoid their use by third parties who may take advantage of their reputation and goodwill. The newspaper gave the example of the registration of ‘Father Rafael García Herreros’, a priest who founded the religious institution Minuto de Dios Corporation, which acted successfully in the registration of the father’s name. SIC refers to cases where the registration of a name has helped to opposed to applications such as the cases of 'Parque Juan Pablo II' and 'Velas y Velones Juan Pablo II'. The signs were denied registraiton under Art 136 of Decision 486.

Monday, 11 September 2017

Webinar "IPRs for EU SMEs in Mexico"


-->
Our friends of Latin America IPR SME Helpdesk have organized a very interesting webinar regarding Intellectual Property Rights for EU SMEs in Mexico.


The webinar aims to give an overview about the current situation as regards Intellectual Property Rights and Innovation as well as to provide practical information about the registration and enforcement of the main IPRs in Mexico.


Attendees will have the chance to see the importance and main features of each Intellectual Property Right when operating in Mexico.


The webinar will be held on Wednesday, September 13, 2017, at 15.00 hours (Brussels time) in English.


This free-of-charge event is business-oriented and is conducted by top professionals that know exactly what an SME needs to know to improve its business strategy regarding IP registration and enforcement in the Latin America region.


More information and registration here.

Friday, 8 September 2017

Criptomonedas: EE.UU., Corea del Sur, Canadá y China regulan las ICOs (Initial Coin Offering)

El fenómeno de las criptomonedas -basadas en la tecnología subyacente de la blockchain o "cadena de bloques"- está en una etapa crítica porque los Estados han comenzado a aplicar medidas tendientes a su regulación, más o menos restrictivas según el mercado respectivo.

Desde la aparición de esta clase de instrumentos digitales basados en la encriptación (cuya naturaleza jurídica es una definición en desarrollo) han surgido métodos de levantamiento de capital vinculados a sus propiedades tecnológicas. Uno de esos métodos, que combina el crowdfunding con las criptomonedas, son las llamadas ICOs (Initial Coin Offering: Oferta inicial de moneda) o Token Sales (venta de tokens) consistentes en la emisión de una criptomoneda o criptodivisa, ligada a un proyecto determinado, mediante el uso de la "cadena de bloques" como medio de control de las transacciones.

Este modelo es similar a la emisión de acciones (IPO), aunque, en vez de acciones, el inversor recibe "tokens" o "monedas virtuales" que simbolizan digitalmente una cuota de interés en el dominio del proyecto. Este token, en la práctica, es un certificado encriptado de acciones virtuales de la compañía emisora que, en el futuro, pueden tener valor real apreciado (o depreciado) según el destino del proyecto. Este modelo ha logrado recaudar 1.333 millones de euros en el último año y está generando un mercado muy dinámico que llamó la atención de las instituciones financieras tradicionales y de los entes regulatorios estatales.

En Estados Unidos, a fines del mes de Julio recién pasado, la Securities and Exchange Commission (SEC), organismo encargado de fiscalizar los mercados financieros de Estados Unidos, calificó a las criptomonedas como securities (activos financieros) e informó que las nuevas emisiones deberán estar sujetas a las regulaciones vigentes, las cuales serían similares a las que se exigen para cualquier salida a bolsa.

En Asia, la Comisión para la Regulación de los Mercados de Servicios Financieros de Corea del Sur (FSC) informó la intención de regular este mercado y China, por su parte, anunció su prohibición por ilegales, y ordenó la devolución de los fondos recaudados por este mecanismo.

Para prohibir esta forma de financiamiento el Banco Popular Chino (Banco Central) se ha hecho cargo de la naturaleza de los títulos de propiedad (token) emitidos en actividades de financiación, de la financiación ilegal en la libre emisión de bonos sin regulación, el fortalecimiento de plataformas de financiación y gestión de negociación de monedas virtuales, de las instituciones financieras no bancarias y las entidades de pago inhibidas de ejercer operaciones ICO, del riesgo para el público y el fortalecimiento de las instituciones de autorregulación del sector.

El efecto en el mercado de estas medidas regulatorias restrictivas fue la caída en el precio de las criptomonedas (como Bitcoin y Ethereum) y el cierre, al menos en China de más de cuarenta plataformas ICO.

No obstante, no todo son noticias regulatorias restrictivas. En Canadá, la Autorite des Marches Financiers (AMF) del Quebec está analizando con buenos ojos todo el potencial de estos instrumentos basados en la tecnología blockchain con el fin de darle un encuadre inclusivo dentro del sistema de financiamiento de empresa, con protección a los inversores, aunque con mayor flexibilidad y menos exigencias que para el mercado tradicional fintech. Es el mismo camino que ha tomado la Canadian Securities Administration (CSA). 

Wednesday, 6 September 2017

SPORTFLIX, the Netflix of Sports, is suspended for an alleged violation of IPRs

In the same way that Netflix changed the way of watching tv and films, Sportflix, a Mexican company with international partners, was intended to be a platform to provide sports events. Its launch was announced on 30th August last. However, it was suspended on the 29th by the Mexican Industrial Property Institute (IMPI).

On its website, the IMPI explains that following a complaint submitted through its piracy mailbox, the portal Sportflix.net was revised. After that, evidence of a possible violation of the Federal Copyright Law and the Mexican Industrial Property Law was found. This, because the content of the web apparently infringes some of the IPRs of the companies with the broadcasting rights to transmit the sports events found in the Sportflix web site, such as Televisa, TV Azteca, Fox Sports, ESPN, and Univisión.

As a consequence, a provisional measure consisting in suspending the launching of Sportflix was imposed, and a verification visit was communicated. Nonetheless, the verification visit scheduled for August 29th could not be completed because the company´s staff opposed to it.

During an interview with the newspaper El Financiero, Carlos Martínez, the president of Fox Networks Group Latin America, expressed that Fox Sports and other sports content suppliers are waiting for the results of the investigation under development before issuing a complaint about the infraction of their IPRs.
For now, organisations such as the F1, the Fórmula E, the Mexican Football League, and the Champions League confirmed that they have no agreement with Sportflix for the broadcasting rights of the sports contents found on its portal. For its part, Sportflix announces on its web site that ‘before to provide a service in exchange for a subscription, the platform must go through the needed processes, so as to give sports streaming of the best quality.’ It is also affirmed that ‘the pre-register continues to be open’ after which a coupon will be received via email for a free day of access to the platform and the right to be ‘the first to know the date in which the service will be enabled.’


As it can be observed, in this case, the interests of the ‘traditional’ and the ‘new’ way to communicate tv shows, films and sports events to the public are combined. For this reason, it is relevant to know how this will end.

Post written by Florelia Vallejo Trujillo