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Failed messages ring the alarm bell at MRTPC
The investigation arm of the Monopolies and Restrictive Trade Practices Commission (MRTPC), the country’s anti-trust body, has launched a probe against 10 cellular service providers, including state-owned ones, for allegedly charging customers for short messages (SMSes) that are not delivered.
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The investigation by the office of the Director General of Investigation & Registration follows a complaint by a customer.
L'Oreal takes MyDollarStore to HC over illegal imports
French cosmetics and toiletries giant L’Oreal has hauled discount retailer MyDollarStore to court over issues relating to intellectual pro
perty rights (IPR) and illegal imports, it is learnt. The company has filed a case against MyDollarStore in the Delhi High Court recently, sources said.
In recent times, MNCs have been upset over the move by retailers to import top global brands, claiming that this leads to loss of business opportunity, unfair competition and product cannibalisation. However, sources said hectic parleys are on between the two parties and the talks could lead to an out-of-court settlement. L’Oreal officials did not reply to an ET query on the subject. MyDollarStore officials were also unavailable for comment.
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Several MNCs have invoked the
Intellectual Property Rights (Imported Goods) Enforcement Rules 2007 Act to stop
retailers from importing their foreign brands. Companies like Hindustan
Unilever, L’Oreal, Lancome Perfumes, Oakley, Nivea and Mico have already
registered several brands under notification No.47/2007 of the IPR Act with the
Customs.
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