Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

parallel imports

Read a random definition: perpetual freehold

A quick definition of parallel imports:

Parallel imports are products that have a valid trademark and are made in another country but are brought into the United States to compete with similar products made in the US. Some people think this is unfair, but it is usually legal. Another name for parallel imports is gray-market goods.

A more thorough explanation:

Definition: Parallel imports refer to goods that bear valid trademarks and are manufactured abroad, but are imported into the United States to compete with domestically manufactured goods bearing the same valid trademarks.

For example, a company in the United States may manufacture and sell a particular brand of shoes. However, another company may import the same brand of shoes from a foreign country and sell them in the United States at a lower price, competing with the domestic company.

Domestic parties often complain that parallel imports compete unfairly in the U.S. market. However, U.S. trademark law generally does not prohibit the sale of most parallel imports, which are also known as gray-market goods.

Example: A company in the United States manufactures and sells a popular brand of electronics. However, a retailer in another country imports the same brand of electronics and sells them in the United States at a lower price. This competes with the domestic company and may lead to a loss of sales.

This example illustrates how parallel imports can compete with domestically manufactured goods and potentially harm the sales of the domestic company.

parallel citation | paraph

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
LSD+ is ad-free, with DMs, discounts, case briefs & more.