IP/N/1/COL/8, IP/N/1/COL/T/3

Colombia

Decree No. 2264 of 11 November 2014 regulating the compensation prescribed for infringement of trademark rights

Decree No. 2264 of 11 November 2014 regulating the compensation prescribed for infringement of trademark rights. Pursuant to Andean Decision No. 486 of 2000, Member countries may, through their domestic legislation, establish the appropriate legal framework for parties claiming trademark infringement to request the competent national authority to order compensation for damages. Law No. 1648 establishing measures to enforce industrial property rights came into effect in Colombia in mid-2013. It makes provision, inter alia, for the prescribed compensation for trademark infringement and orders the implementation thereof. Based on the above, and with the aim of providing a procedure that allows trademark holders to be awarded suitable damages for infringement of their trademark rights, this Decree implements the prescribed compensation.

Ministerio de Comercio, Industria y Turismo (Ministry of Commerce, Industry and Tourism) Calle 28 No. 13A - 15 Bogotá, Colombia Website: http://www.mincit.gov.co/