Apple To Pay $60 Million Over iPad Trademark Dispute

Posted by samzenpus on Monday July 2, 2012 @03:00AM from the money-fixes-everything dept.

tekgoblin writes "Today a Chinese court has stated Apple, Inc. has agreed to pay a Chinese company $60 Million dollars to settle their infamous iPad name dispute. In 2006 Apple purchased the Taiwanese rights to the name 'iPad' from the company Proview Electronics. In China however, the trademarked name was still owned by Proview Technologies, a Shenzhen based subsidiary of Proview Electronics. Since 2011, Proview Technologies has battled Apple in the Xicheng district court and in 2012 the Santa Clara Superior Court. Both cases are still ongoing."

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The price of business in China. by CountBrass · 2012-07-02 03:08 · Score: 5, Insightful

US companies are forbidden by law to pay bribes so they have to go about it a round about way.
This is just the price of doing business in China.

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Bad analogies are like waxing a monkey with a rainbow.
1. Re:The price of business in China. by Nerdfest · 2012-07-02 03:38 · Score: 5, Insightful
  
  The US does not protect its companies? Have you seen the way copyright protections are headed? They're not for the people.
One China Policy or not? by Anonymous Coward · 2012-07-02 05:04 · Score: 5, Insightful

Seems like it's "One China, except when two Chinas can charge you twice"