Memorandum of Understanding on the sale of counterfeit goods on the internet: Evaluation of application ten years after signing
The sale of counterfeit goods on the internet is a global problem affecting all national economies. As internet users have access to websites created in other countries, the limits of national regulations have been breached. Therefore, it is necessary to regulate the fight against the sale of counterfeit good on the internet on international level. Existing binding sources of international law do not regulate this issue. However, non-binding international legal instruments offer solutions. In 2011, under the auspice of the Commission, Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet was concluded. Memorandum serves as a basis for dialogue and cooperation between stakeholders, with the aim of curtailing the offering of counterfeit goods on online marketplaces. The paper analyses reasons for the adoption of MoU and its content. Special attention is paid to notice and takedown. The paper also examines results of MoU and its perspectives.