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Definition of parallel imports in English: parallel importsplural noun Goods imported by unlicensed distributors for sale at less than the manufacturer's official retail price. Example sentencesExamples - Artists benefit from parallel imports - they receive sales royalties whether or not the CD is manufactured locally or is manufactured in say Mexico, and is imported into Australia.
- Also, allowing parallel imports of pharmaceuticals could be considered an effective tool forcing IPR right-holders to sell their protected pharmaceuticals at reasonable and affordable prices.
- Territorial protection in distribution agreements is not permitted where parallel imports are excluded.
- If Microsoft worked off one global price list parallel imports would disappear overnight… But global pricing is not in Microsoft's interests.
- Within a month, he shifted his stance, endorsing the use of compulsory licensing and parallel imports of drugs to South Africa.
Derivatives noun mass nounThe importing of goods by unlicensed distributors for sale at less than the manufacturer's official retail price. parallel importing is a means by which developing countries could lower drug prices Example sentencesExamples - restrictions on parallel importing of motor vehicles in Europe
- So long as the product originates from outside the EU parallel importing between EU countries is sanctioned by the Treaty of Rome articles promoting fair competition.
- They defend their patents until the last possible moment and argue that parallel importing diverts cash from the British science base.
- The law is clear, and the activity of parallel importing of PSP products from the US / Japan is unlawful.
Definition of parallel imports in US English: parallel importsplural noun Goods imported by unlicensed distributors for sale at less than the manufacturer's official retail price. Example sentencesExamples - Within a month, he shifted his stance, endorsing the use of compulsory licensing and parallel imports of drugs to South Africa.
- If Microsoft worked off one global price list parallel imports would disappear overnight… But global pricing is not in Microsoft's interests.
- Artists benefit from parallel imports - they receive sales royalties whether or not the CD is manufactured locally or is manufactured in say Mexico, and is imported into Australia.
- Also, allowing parallel imports of pharmaceuticals could be considered an effective tool forcing IPR right-holders to sell their protected pharmaceuticals at reasonable and affordable prices.
- Territorial protection in distribution agreements is not permitted where parallel imports are excluded.
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