Overview
the UK Intellectual Property Office has published an update on the issue of exhaustion of IP rights and parallel trade confirming that the 'UK+ regime', put in place post-Brexit, will continue to apply on a permanent basis. This means that IP rights will be exhausted when goods are placed on the market in the EEA and can therefore be parallel imported into the UK.
Authors:
Jaimee Spencer-Bickle, Managing Associate and Rob Wilson, Trainee