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Canon Announces Conclusion of Patent Infringement Dispute

24-Feb-2015 | Source : AG-IP News | Visits : 4421
TOKYO - Canon announced today in a press release that Canon and X com shop have resolved their pending lawsuit in the Moscow State Arbitration Court regarding X com shop's alleged infringement of Canon's Russian Patent No. 2467370, entering into an amicable agreement by which X com shop recognizes Canon's exclusive rights for the patent and takes the obligation to terminate the sale and offer for sale and other introduction into civil circulation (including in the Internet) in Russia or storage for the purpose of sale of the cartridges that Canon accused of infringement.

Throughout the development, sales and marketing process, Canon respects the intellectual property rights of other companies and individuals and expects others to similarly respect Canon's intellectual property rights. Canon remains committed to taking legal action against anyone who does not respect Canon's intellectual property rights.
 
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