A High Court ‘Gray Market’ Win for Costco, EBay


Ok, I don’t do this often, but here’s a repost I found interesting:

A High Court ‘Gray Market’ Win for Costco, EBay
Bloomberg Businessweek
March 19, 2013
http://www.businessweek.com/articles/2013-03-19/a-high-court-gray-market-win-for-costco-ebay

In a victory for companies like Costco (COST) and EBay (EBAY)—not to mention cash-strapped college students—the Supreme Court ruled that textbooks and other goods made abroad can be resold in the U.S. without violating American copyright law. In other words: You bought it, you own it. The 6-3 decision offers legal protection and legitimacy to what has been estimated as a $63 billion “gray market,” in which third parties import brand-name goods protected by copyright or trademark in the U.S. Some of those gray market goods are resold online or at brick-and-mortar discount retailers. The retailers, like EBay and Costco, want to continue to sell goods manufactured and sold abroad at lower prices, even if those goods arguably violate a U.S. copyright. The Tuesday decision clears the way for them to do so.

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2 comments on “A High Court ‘Gray Market’ Win for Costco, EBay

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