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Legal Terms - Exhaustion of rights
. Owners of intellectual property rights in goods that have been placed on the market, whether they have manufactured them themselves or have permitted others to do so under their rights, are prohibited from utilizing national intellectual property rights to obstruct the importation or exportation of the goods. This is a free-trade principle. These regulations are derived from Articles 34-36 of the Treaty on the Functioning of the European Union, which were previously 28–30 and 30–36. They are applicable within the EU. The UK has implemented new regulations that maintain the principle in relation to imports from the European Economic Area following Brexit (Intellectual Property (Exhaustion of Rights) (EU Exit) Regulations 2019); however, the EEA does not apply the same principle to exports from the UK to the EEA.
. Owners of intellectual property rights in goods that have been placed on the market, whether they have manufactured them themselves or have permitted others to do so under their rights, are prohibited from utilizing national intellectual property rights to obstruct the importation or exportation of the goods. This is a free-trade principle. These regulations are derived from Articles 34-36 of the Treaty on the Functioning of the European Union, which were previously 28–30 and 30–36. They are applicable within the EU. The UK has implemented new regulations that maintain the principle in relation to imports from the European Economic Area following Brexit (Intellectual Property (Exhaustion of Rights) (EU Exit) Regulations 2019); however, the EEA does not apply the same principle to exports from the UK to the EEA.
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