Posted on 03/10/2022 1:38:22 PM PST by Trump20162020
Russia has effectively legalized patent theft from anyone affiliated with countries “unfriendly” to it, declaring that unauthorized use will not be compensated.
McDonald’s said Tuesday that it would temporarily close its 850 restaurants in Russia, a significant decision for a company that gets 9 percent of its revenue from Russia and Ukraine. Without trademark protections, Russia could “take those McDonald’s that got shut down and … just let local operators operate the restaurants and call them McDonald’s,” Gerben said.
Russia’s removal of intellectual property protections during wartime is not without precedent. Smithsonian Magazine describes how the German company Bayer lost its American patent on aspirin as the U.S. government seized property from firms associated with its enemies.
(Excerpt) Read more at washingtonpost.com ...
I think Putin saw this world dicktatership coming.
Back in the US, back in the US, back in the USSR.
Putin is making you people kneel before the magnificence of his hooy morzhovy.
You can have him.
Thats China’s game, and Russia isn’t China with that huge domestic market.
I hope Russia doesn’t do this for fun and profit, but rather for need, which might possibly be defensible later when they are trying to lure investors back.
“Then say goodbye to any computer not made by Lenovo.”
No problem, China will just steal all the other computer companies’ tech and give it to Lenovo.
“I guess McDonald’s feels like it can except a 9% loss.”
Well, with food prices surging McDonalds can probably gauge the rest of us 9% and get away with it.
Well, that was going to happen no matter whether Putin invaded Ukraine or not.
I admire Putin’s acumen regarding the LGBTQ World HomoMafia Dictatorship, and how they operate.
Their food is crap so let the ruskies have it….besides both them and China been stealing our IP for years….remember the space shuttle?
They’re also paying salary continuation for 62,000 McD’s employees in Russia (those are company stores, not franchises). This won’t last for long.
This means the democrats won’t have anything to sell them.
Considering globalist are stealing Russian assets worldwide I fully understand this decision
The cancel mob has never dealt with anyone who fought back—they are gonna learn some hard lessons.
I'm going to buy moar popcorn.
CornPopov gonna make 'em cry.
If you ask me this is great for Russia long term. They will become more self reliant. It’s what everyone should strive for. Trump wanted loca manufacturing for just this reason. That’s why he put huge tariffs on steel etc.
The last gasps of mother Rusia are being heard.
What a fool.
As if they can get anyone off the vodka long enough to keep these ur-McDonald's open! All the Eastern Euros staffing this shit just left! Jesus Christ, Putin never ordered domestic intel analysis on any of these knock-on effects.
What do you expect would happen when you try to economically isolate them? I’d do the same thing too. I hope Russian hackers drain all the elites bank accounts.
My question is if Russia lets other just take over th pe Mickey ads, who’s going to supply them? They certainly won’t be using McDonald’s products.
like this is new...
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