TOKYO:CANON FILES LAWSUIT AGAINST TONER CARTRIDGE KNOCKOFFS

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TOKYO:CANON FILES LAWSUIT AGAINST TONER CARTRIDGE KNOCKOFFS

 user 2008-06-19 at 11:28:55 am Views: 56
  • #20081

    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.