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  • Russia says its businesses can steal patents from anyone in ‘unfriendly’ countries

    03/10/2022 1:38:22 PM PST · by Trump20162020 · 68 replies
    The Washington Post ^ | March 8, 2022 | Zina Pozen
    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...