Cai & Lenard assisted “Absolut” Company to assert the rules of fair competition in Ukraine
The global brands can assert the rules of fair competition in Ukraine.
In 2012 the “Absolut” Company (Sweden) initiated the process regarding termination of circulation of the alcoholic products simulating the world-famous vodka “ABSOLUT” at Ukrainian consumer’s market.
As a result of measures taken against Jsc. “Lviv Liquor and Vodka Plant”, the violator stopped production with unlawful use of reputation of the well-known trade mark.
On 21 November the agreement on settlement of disputes concerning unfair competition in respect of “ABSOLUT” trademark was signed. According to it, Lviv Liquor and Vodka Plant recognized the well-know status of “ABSOLUT” trademark in Ukraine as well as violation of the rules of fair competition and waived the registered trademarks that are similar to the global brand.
In pursuance of the agreement the consumer market will be released from production that misled the buyers.
The negotiations on behalf of the “Absolut” Company were carried out by Mr. Konstantin Pilkov, Cai & Lenard’s Managing Partner.