What is a parallel import?

and Parallel Import is a product that is created in an international place and imported into a nation without the explicit consent of the owner of intellectual property. Sometimes known as a gray product, importing this type often includes software, printing and electronic publications and even music. The growing frequency of offering products of this type has led to some issues concerning the laws on international trade and to the proper use of intellectual property.

It is important to note that parallel import is not a knock-off or some type of Copycat, which attempts to go through as an original product. The intellectual property owner often publishes products that are intended for sale only in a given country or countries and publish alternative versions for other nations. When a product for sale in one nation is secured and sold in another country, it is considered a parallel product.

One example of a parallel product is the time -board has an international presence. The publisher can prepare oneFor a publication version that focuses on readers in the United States and another version that is adapted to readers in France. Both products are products that are not concentrated because they are produced by the same publisher. If the French version was sold in the United States or the American version in France would be sold, then each of these legitimate products would be considered a parallel import.

In situations involving software, parallel import situations may occur due to differences in the cost of programs sold in different countries. For example, if a type of software for a sales database is made with versions for different nations and the importer notices that the cost of one of these versions is smaller than the versions sold in its country, the importer can choose copies of this cheaper version and Rell is on the domestic market. The final result is that both versions compete with each other on the same market, whichCE never thought.

Laws concerning the legality of parallel import activity differ. In some countries, business regulations prohibit this type of activity for specific products such as video games, but allow imports of foreign versions of the periodical. Other nations have no laws that follow the acquisition and sale of parallel imports within their borders. Thanks to the arrival of online shopping and easy ordering large many goods for sale in different countries, attention increases to this type of import activity, with the expectation that many nations develop specific regulations on acquisitions and sales of parallel imports, either limiting limits or selecting tariffs that either support or inhibit business transaction.