Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

TRIPS

Read a random definition: finis

A quick definition of TRIPS:

TRIPS: A treaty that helps countries protect the rights of people who create things like inventions, music, and art. It makes sure that everyone is treated fairly and that people can't copy or steal someone else's ideas without permission. More than 130 countries follow this treaty. It also changed some rules about patents, which are special rights that inventors get to protect their ideas.

A more thorough explanation:

Definition: TRIPS stands for the Agreement on Trade-Related Aspects of Intellectual Property Rights. It is a treaty that harmonizes and strengthens the intellectual-property laws of its signatories by linking the obligation to protect the intellectual-property rights of other members' citizens with a mechanism for settling international trade disputes.

TRIPS was negotiated at the 1994 Uruguay Round of the General Agreement on Tariffs and Trade (GATT). More than 130 nations are parties to the agreement.

In the field of patents, TRIPS standardized patentable subject matter to include medicines, required testing for nonobviousness and utility, protected patentees from infringing imports, and all but eliminated compulsory licenses.

For example, TRIPS changed patent terms to 20 years from the date of application, rather than 17 years from the date of issue. It also widened the definition of infringement to cover offering for sale and importing. These changes helped to protect the intellectual-property rights of inventors and creators.

Articles 1–8 of TRIPs include the basic principles of national treatment and most-favoured-nation treatment. That is, each Member must give to the nationals of other Members treatment no less favourable than that given to its own nationals, and must give to the nationals of all Members the same privileges as are given to the nationals of any Member. Thus, subject to certain exemptions, bilateral agreements between Members should no longer be permitted.

Overall, TRIPS helps to ensure that intellectual-property rights are protected and respected around the world, which is important for promoting innovation and creativity.

triplicatio | tristis successio

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
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
LSD+ is ad-free, with DMs, discounts, case briefs & more.