The Trademark Counterfeiting Act of 1984 is a United States federal law that amended the federal criminal code to make it a federal offense to violate the Lanham Act by the intentional use of a counterfeit trademark or the unauthorized use of a counterfeit trademark. The act established penalties of up to five years imprisonment and/or a $250,000 fine ($1,000,000 fine for a corporation or other legal entity) for selling or attempting to sell counterfeit goods or services. It increased such penalties for a second or subsequent conviction under the Act.
Read more about Trademark Counterfeiting Act Of 1984: Trademark Infringement, Penalties Under The Act, Counterfeiting Today
Famous quotes containing the word act:
“Just as a waterfall grows slower and more lightly suspended as it plunges down, so the great man of action tends to act with greater calmness than his tempestuous desires prior to the deed would lead one to expect.”
—Friedrich Nietzsche (1844–1900)