What Trademark Holders Should Know About Russia's Authorization of Parallel Imports
The Russian government has issued regulations authorizing importation into Russia of specified luxury items without the consent of the relevant trademark owners, in an apparent effort to circumvent Western sanctions prohibiting the supply to Russia of such items. Such imports, known as “parallel imports” or “gray market” activity, present legal and reputational risk for luxury brand companies to the extent their products are diverted to Russia.
This article summarizes the relevant measures, describes the risks presented, and provides tips for risk mitigation.
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“What Trademark Holders Should Know About Russia's Authorization of Parallel Imports,” by David Perry, Anthony Rapa, and Fatema Ghasletwala was published in August 2022 in Bloomberg Law Professional Perspectives. Reprinted with permission.