parallel import


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parallel import

n (Econ) → Parallelimport m
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Dior asserted that by not selling its product in an approved distributorship, the parallel import damaged the luxurious image of its product.
Patent and Trademark Office, the Office of the United States Trade Representative, the National Security Council and the Office of the Vice President -- have been engaged in an assiduous, concerted campaign to persuade the Government of South Africa to withdraw or modify" the Medicines Act provisions that give the government the authority to pursue compulsory licensing and parallel import policies, a February 1999 report from the State Department says.
QUENTIN SAYS: Don't listen to a word of it - there's almost no difference between a UK-bought car and a parallel import.
The reason for the decision is the past years' weak development in Carlsberg Sweden's sales and earnings in a market characterised by a very high level of excise duties on beer, substantial parallel import and increasing consumption of discount beer," Carlsberg said.
Parallel import or grey product is defined as a non-counterfeit product imported from another country without the permission of the intellectual property owner.
While consumers may gain by paying lower prices, their experience with a parallel import product can be compromised.
A parallel import, often referred to as grey product, is a non-counterfeit product imported from another country without the permission of the intellectual property owner.
The number of parallel import items will be increased from 596 in 2014 to more than 800 in 2015 to lower domestic prices for items that can be purchased up to 40 percent cheaper overseas.
According to Shanghai Municipal Commission of Commerce announced on its website, 17 companies have been cleared for the parallel import scheme, which allows dealers to import vehicles directly from overseas without authorization from the brand owners.
Ralf Zimmermann, general manager Aftersales shared with them the future action plan that Al-Futtaim Motors will put in place, assuring them that the company's priority in 2014 is to combat counterfeit and parallel import of parts into the UAE.
Given these benefits, it is not surprising that there have been many calls to abolish parallel import restriction provisions in Australia's various intellectual property statutes.
There has been a sharp spike in such activity in the last three months, and has prompted some of the mainline dealerships to take out ads highlighting the sanctity of the Commercial Agency Law in the country as well as warning/informing possible car buyers of the downsides to buying a parallel import.

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