Serbia Adopts New Trade Law
The Serbian parliament adopted a new Trade Law on July 28, 2010, which will enter into force on January 1, 2011. The new law is based on the free trade principle and is meant to prevent unfair competition while improving protection of consumers and goods on the Serbian market.
The new law requires that all retailers possess adequate customs documents, such as an invoice and a customs declaration, for the goods they wish to import and sell. Lack of such documents indicates that the goods might be counterfeit. Retailers also have to keep records of the purchase, the retail price and the transportation of goods, as it could serve as evidence of trademark use in cancellation actions.
If a retailer wants to appeal a trade inspector’s decision, the appeal cannot postpone the execution of the decision, which was previously possible.
According to the new law, all products must have a declaration with clearly indicated name, type, content and amount of product. The declaration can be in more than one language with the logo, trademark or bar code on it.
The new Trade Law improves the definition of unfair competition by stating that the sale of goods whose brand, shape or look and feel mislead consumers into believing that they are purchasing an original constitutes unfair competition.
August 2010 News
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- Bosnia Adopts Two Copyright Draft Laws
- Serbia to join EPO on October 1
- European Court of Justice Rejects Anheuser-Busch's Bid to Register Budweiser as Its Trademark in EU
- Facebook Captures Montenegro’s Facebook.me from Cybersquatter
- Forbes Finally Gets Forbes.ru in Russia
- Czech Arbitration Court Rules Against Serbian Underwear Producer in Domain Name Dispute
- Russian Publisher Fined USD 250M in Copyright Case
- Georgian Wines Get GI Status in EU
- Serbian Public Broadcaster to Pay EUR 1.3M to Copyright Protection Organization
- EU Issues Annual Report on Customs IPR Enforcement
- Macedonian Customs Detain Armani, Prada, Gucci Counterfeits
- Bulgarian Customs Seize Hello Kitty, Levi’s, Fred Perry Counterfeits
- Bulgarian Police Seize Counterfeit Goods, Infringers Face Imprisonment
- Romanian Customs Seize Chanel, Prada, Puma, Gucci, Hugo Boss, Adidas Counterfeits
- Macedonian Broadcasting Council Publishes Operators’ Program Packages to Protect Copyrights
- Moldovan IPO Updates IP Services List
- Serbia Adopts New Trade Law