Parallel Import
/ˈpærəˌlɛl ɪmˈpɔrt/
Definitions
- (n.) The importation of genuine products into a country without the permission of the intellectual property owner, often to resell at a lower price.
The company sued to stop the parallel import of its branded goods.
Forms
- parallel import
- parallel imports
Related terms
See also
Commentary
The legality of parallel imports varies by jurisdiction and often hinges on the exhaustion doctrine governing intellectual property rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.