CANON FILES LAWSUIT AGAINST DEALER OF TONER CTG KNOCK-OFFS

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CANON FILES LAWSUIT AGAINST DEALER OF TONER CTG KNOCK-OFFS

 user 2008-06-19 at 11:30:30 am Views: 107
  • #19954

    http://www.tradingmarkets.com/.site/news/Stock%20News/1693327/
    CANON FILES SUIT AGAINST DEALER OF TONER CARTRIDGE KNOCKOFFS
    TOKYO,
    Jun  2008 — Canon Inc.  is taking legal action against a wholesaler in
    Tokyo it alleges is importing and selling counterfeits of its
    products.A suit, filed in the Tokyo District Court, seeks an injunction
    against the company, as well as compensation for losses.The fakes,
    which include toner cartridges for printers, began appearing in
    2006.Canon says it warned the wholesaler, demanding that it stop
    peddling the bogus goods and reveal its sources, but decided to resort
    to a lawsuit because the company was uncooperative.As part of broader
    efforts to fight counterfeiting, Canon is working with authorities in
    China, Europe and the U.S. to identify factories where fakes are made.
    Some 387 incidences of counterfeiting of Canon products were found in
    2007.Damages from counterfeiting cost it several tens of billions of
    yen a year, Canon says.