Nike is a perfect example of the abuse of Intellectual property rights. Nike starts with a design for a shoe or product. This product design is immediately brought to lawyers and the lawyers go through the process of patenting the design. Once the design is patented, Nike goes to a third world country and sells its design in a bidding process to a factory that will use the least amount of labor and production costs. This free market competition is fierce because of the Nike brand Most importantly, Nike never sells the designs of their shoes and the designs of their other clothing products tot eh same factory. This is done so that the workers in the factory can’t unionize to protest their worker’s rights. Since the labor laws in these countries are so poor, Nike only has to pay a fraction of the cost of production if it was done in the United States. The impact of the Punta d Este GATT meeting on today’s intellectual property rights is that instead of the patent insuring the final product of the invention, it insured the entire process including the end result. This made sure that countries could not innovate and use the previous ideas of major corporations to benefit their local
Nike is a perfect example of the abuse of Intellectual property rights. Nike starts with a design for a shoe or product. This product design is immediately brought to lawyers and the lawyers go through the process of patenting the design. Once the design is patented, Nike goes to a third world country and sells its design in a bidding process to a factory that will use the least amount of labor and production costs. This free market competition is fierce because of the Nike brand Most importantly, Nike never sells the designs of their shoes and the designs of their other clothing products tot eh same factory. This is done so that the workers in the factory can’t unionize to protest their worker’s rights. Since the labor laws in these countries are so poor, Nike only has to pay a fraction of the cost of production if it was done in the United States. The impact of the Punta d Este GATT meeting on today’s intellectual property rights is that instead of the patent insuring the final product of the invention, it insured the entire process including the end result. This made sure that countries could not innovate and use the previous ideas of major corporations to benefit their local