New Zealand competition regulator The Commerce Commission has released draft Guidelines on the Application of Competition Law to Intellectual Property Rights, and is now seeking submissions from interested parties.
The Lorna Jane womens activewear manufacturer and retailer has been ordered by the Federal Court to pay $5 million in penalties for making false and misleading representations to consumers, and engaging in conduct liable to mislead the public in connection with the promotion and supply of its LJ Shield Activewear.