SME Times News Bureau | 29 Sep, 2020
Justice Prathiba M. Singh,
Judge, Delhi
High Court said that Intellectual Property in the digital world was not the same as it was seen earlier.
"Online counterfeiting and piracy needs to be curbed to ensure that the relevance of intellectual property is
maintained in the digital
world," she added.
Addressing FICCI webinar 'IP
Protection & Enforcement in Digital World', Justice Singh said
that the digital space has brought about two fundamental changes in this realm.
The positive aspect has been the growth witnessed in the
IP sector due to new technology which has significantly
enhanced the far-reaching
impact of intellectual property. The negative
impact, on the other hand, stems from the problems of
counterfeiting and piracy, which in the current times is not only rampant but rapidly increasing, she stated.
Justice Singh further added
that the new global order aided by the pandemic has fast
forwarded the regulation as well as the growth of jurisprudence on the digital
platform.
"It is important to note that the courts have
been conscious of the changes and challenges that the digital platforms have brought about," she noted.
Narendra Sabharwal, Chair, FICCI IPR Committee and Former Deputy Director General of WIPO, emphasized on the
importance of IP rights during COVID-19
which has impacted the healthcare systems
and caused significant economic downturns across the world.
Expressing
concern on the alarming rise in the cases of IP infringements, both in the online and offline spaces, Sabharwal said that
another major problem was the growing incidents of cybercrimes
and online frauds giving rise to spyware and ransom-ware attacks on
unsuspecting consumers.
He complemented the judiciary's stringent approach to
protect the interest of IP owners by actively passing orders in legal disputes
and restraining unscrupulous parties, from violating their
rights.