As the world grows more and more interconnected and interdependent, it’s easier for more and more businesses of even moderate size and budgetary reach to do business on an international scale. While this opens up the world markets and the possibilities of profits and revenues far beyond what a similarly-sized company might have expected even just a decade ago, it also brings with it increased challenges, especially concerning intellectual property in emerging markets that may end up requiring copyright infringement arbitration in various jurisdictions including California.
Challenges of the Emerging Market
There are several challenges to intellectual property rights in emerging markets:
Using California Copyright Infringement Arbitration
In many cases, launching arbitration in California over copyright infringement is the best possible approach, as the legal system in the emerging market may not be reliable, and arbitration is often a low-cost but effective way to both highlight and expose infringement and get real satisfaction concerning a resolution to the problem. Furthermore, arbitration awards are often enforceable in the US against foreign infringers which is particularly important for emerging markets. Where arbitration is an agreed upon vehicle for resolution, disputes can often be faster and less expensive than litigation.