08 December 2017
Taiwanese masterclass about IP rights and Privacy Law
The Taiwan Business Association in The Netherlands (TBA) and The Hague Business Agency (THBA) organized a special Masterclass for companies that want to know more about the latest developments of IP and Privacy law.
When doing business in the Netherlands, it is necessary to take into account whether your intellectual creations are well protected in The Netherlands, and how to enforce Intellectual Property (IP) rights. What will change in the Privacy Law in The Netherlands? In order to do business in the Netherlands, it will very soon be necessary to comply with the new General Data Protection Regulation regarding privacy. On the 25th of May 2018 this new European regulation enters into force. Companies that are not complying with the Privacy Law may risk a fine that can amount to 4% of the annual sales of the company.
Drs. Brigitte A.J. Spiegeler was invited to give an inspiring keynote and an interactive workshop about the IP and Privacy law in the Netherlands on behalf of Heffels Spiegeler Advocaten, an international law firm. During her interactive workshop, several topics were discussed, such as the reasons for the stricter regulation of privacy in Europe, the most important changes in 2018, and what companies can do to comply with these new rules. Attendees also learned about the threat of piracy, counterfeiting and the theft of intellectual property, and learned how to comply with the GDPR, even when being mainly located outside of the EU. “Whether companies face unfair competition, counterfeit imports, or other infringement of Intellectual Property rights, they often suffer severe damage”, according to Spiegeler. “Without IP protection, businesses will not be able to fully benefit from inventions, products, trademarks, designs, copyrights and patents”.
This masterclass provided insight in what companies can do to protect their IP and what possibilities they have when these rights are violated, since the protection of intellectual property is critical to fostering innovation.