P A R T 2 Crimes & Torts Crimes Intentional Torts Negligence & Strict Liability Intellectual Property & Unfair Competition McGraw-Hill/Irwin Business Law, 13/e © 2007 The McGraw-Hill Companies, Inc. All rights reserved. C H A P T E R 8 Intellectual Property & Unfair Competition “I dream for a living.” Steven Spielberg, quoted in Time magazine, July 1985 Learning Objectives Infringement of intellectual property rights Misappropriation of trade secrets Unfair competition - intentional torts Unfair competition – the Lanham Act 8-4 Types of Intellectual Property PATENT: Engine design, business methods TRADEMARK Logo, trade name COPYRIGHT Sales materials, artwork 8-5 Marketing materials for Case Construction Equipment Copyright Intangible right granted by statute to the author or creator of certain tangible literary or artistic productions Can’t copyright an “idea” Registration not required, but recommended Applicable law: Copyright Protection Act and the Copyright Term Extension Act http://www.copyright.gov/ 8-6 Patent Grant from federal government to an inventor in which inventor obtains exclusive right to make, use, and sell his invention for a period of 20 years (14 years for designs) U.S. Patent Act requires registration 8-7 http://www.uspto.gov/ Patent Protection for: 8-8 Process, a machine, a manufacture or product, a composition of matter (such as a new chemical compound), an improvement of any of the above, an ornamental design for a product, a plant produced by asexual reproduction, certain business methods Invention may not be patentable if it lacks novelty, is obvious, or has no utility Trademark Distinctive mark, motto, device, or emblem that a manufacturer or service provider stamps, prints, or affixes to products it produces or services it performs to distinguish from those of competitors Applicable law: Lanham Act Registration with state or federal government recommended, but not required 8-9 Trademark “Trademark” applicable to trade name, image, logo, and dress Trademark dilution is the diminishment of the capacity of plaintiff's marks to identify and distinguish plaintiff's goods or services 8 - 10 Trade Secrets Trade secret: any secret formula, pattern, process, program, device, method, technique, or database used in the owner’s business that gives the owner competitive advantage Misappropriation of a trade secret occurs when a person discloses or uses after acquiring the secret 8 - 11 Infringement Violation of intellectual property right: when someone uses, makes, or sells another’s trademarked, patented, or copyrighted intellectual property without owner’s permission, license, franchise Penalties -- actual or statutory damages in civil proceedings or criminal penalties for willful violations 8 - 12 The “Fair Use” Defense For copyright and trademark infringement, a “fair use” defense or exception exists when the copyrighted work or trademark is used without the property holder’s permission “For purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research” Section 107 of the Copyright Act 8 - 13 International Law International intellectual property law is governed by multilateral agreements Paris Convention Madrid Agreement Concerning the International Registration of Trademarks Madrid ProtocolWorld Trade Organization’s Agreement on Trade-Related Aspects of Intellectual Property Rights See World Intellectual Property Organization 8 - 14 Commercial Torts Intentional torts involving business include: Injurious falsehood (product disparagement): publication of false statements disparaging another’s business, property, or title to property, that harms economic interests Intentional interference with contractual relations: one party to a contract claims the defendant’s interference with other party’s performance wrongly caused plaintiff to lose the benefit of the performance 8 - 15 Commercial Torts Intentional interference with prospective advantage parallels the elements for interference with contractual relations, except prospective relations are the focus rather than existing contracts Section 43(a) of the Lanham Act creates civil liability for unfair competition, including misleading, confusing, or deceptive representations made in connection with goods or services 8 - 16 Test Your Knowledge True=A, False = B You may copyright an idea Copyright protection requires registration with the U.S. Copyright Office The U.S. Patent Act requires registration of a patent to obtain protection for the intellectual property The Lanham Act protects trademarks 8 - 17 Test Your Knowledge True=A, False = B Trademark dilution refers to the overuse of a trademark on products or services An employee who creates a new software program has made a work-for-hire The “fair use” defense is an absolute defense to an infringement claim 8 - 18 Test Your Knowledge Multiple Choice A trademark refers to: trade name trade image trade logo trade dress all of the above Trademark dilution on the internet is prohibited by: 8 - 19 (a) (b) (c) (d) (e) (a) Anticybersquatting Consumer Protection Act (b) Patent & Trademark Act (c) Berne Convention Thought Question Music is intellectual property. What do you think about people who download music illegally? Have they committed theft? 8 - 20