Penalties for IP infringement set to increase
The fine for breaching intellectual property law will increase to £50,000 from the current £5,000, according to the latest Government proposals.
The UK Intellectual Property Office (IPO) launched a consultation during 2008, where the majority of those who responded backed the option of raising penalties for intellectual property infringement. The Government will develop legislation to implement the higher penalty.
To read the IPO's report go to:
http://www.ipo.gov.uk/response-gowers36.pdf
