Lawmakers and stakeholders in the Philippines are urging a comprehensive revision of the country's Intellectual Property Code to better address modern challenges such as digital piracy and counterfeiting.
As reported by the Manila Times, calls for a comprehensive revision of the country's Intellectual Property Code are being made in a significant move to strengthen the protection of intellectual property (IP) rights in the Philippines.
At a recent Senate hearing, experts and representatives from the Intellectual Property Office of the Philippines (IPOPHL) emphasised the pressing need to revise the existing IP Code, which has been in effect for over two decades. They argued that the current legal framework is outdated and inadequate to deal with the intricacies of IP infringement in today's digital age.
Senator Mark Villar, a vital proponent of the revision, emphasised that the proposed changes aim to enhance enforcement mechanisms, provide better protection for creators, and ensure that the country's intellectual property laws are aligned with international standards. He pointed out that the rise of digital platforms has made it easier for pirates to distribute copyrighted content, making robust legal measures more critical than ever.
IPOPHL Director General Rowel S. Barba also voiced strong support for the revision, noting that the current IP Code does not fully address the challenges posed by new technologies. He stressed that updating the law would safeguard the rights of creators and innovators and boost investor confidence in the Philippines as a country that values and protects intellectual property.
Among the proposed amendments are stricter penalties for IP violations, expanded powers for IP enforcement agencies, and the inclusion of provisions that address emerging issues such as online piracy and counterfeit goods. The revisions also seek to streamline the process of registering and protecting trademarks, patents, and copyrights.
The push to revise the IP Code comes at a critical time as the Philippines aims to bolster its creative and innovation industries. By ensuring more robust IP protection, the country hopes to attract more foreign investments, support local entrepreneurs, and create a more competitive business environment.
As the legislative process moves forward, it remains to be seen how quickly these proposed changes will be enacted. However, the consensus among stakeholders is clear: an updated Intellectual Property Code is essential for the Philippines to keep pace with the global economy and protect the rights of its creators and innovators.
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