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Intellectual Property newsletter (Edition 1/2024)

Welcome to the KPMG Intellectual Property newsletter on developments in the world of copyright, patents, trademarks, designs, domains and other Intellectual Property rights (“IPRs”). KPMG firms are proud of their global network of IP lawyers, business advisors and other IP experts enabling KPMG professionals to offer an international service to clients in this area.
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The Unitary Patent and the Unified Patent Court: At the turn of the year, it is a good idea to review the current registration strategy, to recap the most important facts and to have a look at the first takeaways.
 
In this edition we give you an overview of many reforms and legislative initiatives which were initiated in various countries around the world. We delve into the reform of the Italian IP Code, which is intended to provide incentives to academic and funded research. Additionally, we explore IP protection in the metaverse, with a special focus on patent protection in the virtual world.
 
As social media continues to play an important role in our daily lives, we provide you with some insights on what parents should take into account when sharing information and pictures of their children online. We also examine Switzerland's position on the regulation of AI and inform you of the implications of legal reforms in Vietnam and Malaysia regarding trademark protection and measures to curb illegal streaming activities.
 
Finally, we report on recent decisions of the Spanish Supreme Court regarding the exhaustion of trademark rights and financial compensation in case of counterfeiting.