As the fifteenth largest economy in the world and with a population of 80 million, Turkey presents an exciting opportunity for investment and development in the area of healthcare. In addition to a growing population which is covered by an extensive social healthcare system, Turkey has implemented a policy in recent years to capitalize on its reputation as a regional hub for healthcare tourism. However, despite the financial opportunities that are associated with the Turkish…
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Law On Improvement Of The Investment Environment
The Law Amending Certain Laws for Improvement of the Investment Environment (Amendment Law) was accepted by the Turkish Parliament on July 15 2016 and entered into force on August 9 2016. The Amendment Law, which was accepted by the Turkish Parliament just hours before the failed coup attempt is significant in the sense that it shows that the government started to focus on developing the economy before its focus shifted again…
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Large inventor companies that rightfully obtain patents for their inventions often face a number of invalidation actions. Alternatively, the threat of infringement may be such as to require the patent holder to file infringement actions against companies whose products may infringe its patent. The two occasionally come together, with the allegedly infringing generic company filing an invalidation action against the patent holder in response to an infringement action; commonly…
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The draft Industrial Property Law in Turkey was passed by the main and sub commissions of the Science, Industry and Technology Ministry with minor amendments on May 5 2016. As shared in the issue of May 25 2016, one of the most debated issues was the international exhaustion principle, accepted for any kind of IP rights.
Another much debated issue of the draft law is about compulsory licensing provisions in the patent part of the draft law.
The Patent Decree Law in force also…
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Introduction
On July 15 2016 Parliament enacted an omnibus bill which amended several laws. The Law on the Amendment of Some Laws to Improve the Investment Environment focuses on:
reducing costs in relation to the investment environment;
eliminating the legal differences in relation to R&D incentives;
harmonising practices among financial institutions;
encouraging foreign investment; and
reducing the costs of establishing companies and opening branches.
Conversely, the…
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Turkey is a party to most major international treaties relating to intellectual property, including the Agreement on Trade-Related Aspects of Intellectual Property Rights and the Paris Convention for the Protection of Industrial Property. Turkey is also a member of international organisations such as the World Trade Organisation that have a connection with intellectual property.
Legislative framework and causes of action
Turkey is a party to most major international treaties…
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