Western entities trying to protect everything from drug patents to cartoon trademarks in Russia worry IP protection there may become unfeasible as instability increases over Moscow’s war in Ukraine.
Russia’s response to sanctions was to say that intellectual property of companies from countries it deems unfriendly won’t get protected. As a result, Russia could become awash with counterfeits that also could be exported to other markets, attorneys say.
The business and legal uncertainty also makes it difficult for companies to invest in starting or maintaining operations as indications emerge that Russia’s IP regime could collapse, at least with respect to ...