Shopkeeper Fined for Selling Counterfeit Monaco and Monte-Carlo Products without Authorization

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Summary:
A merchant in Monaco has been fined for selling counterfeit “Monaco” and “Monte-Carlo” branded items without authorization.

Full Story:
A shopkeeper in Monaco-Ville has been fined for selling counterfeit items branded with “Monaco” and “Monte-Carlo” without proper authorization. The merchant sold clothing featuring these trademarks between 2018 and 2021, unaware of the need for a licensing agreement with Monaco Brands, the entity that manages and protects over one hundred trademarks, including those tied to the principality of Monaco. This incident highlights the importance of obtaining proper authorization and respecting trademark rights. It serves as a reminder for merchants and individuals to be cautious when selling branded goods to avoid legal consequences. Monaco takes the protection of its trademarks seriously and expects businesses to comply with the necessary licensing requirements to ensure the integrity of the Monaco and Monte-Carlo brands.

Source:
news.mc

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