What are the penalties for IP infringement?
An example of an AI chatbot conversation about penalties for intellectual property infringement.
What are the penalties for IP infringement?
Penalties for IP infringement can vary widely, including monetary damages, injunctions, and even criminal charges.
Can you give me examples of monetary damages?
Sure! Monetary damages can include actual damages, lost profits, and statutory damages, which can range from hundreds to millions.
What about criminal charges? When do they apply?
Criminal charges typically apply in cases of willful infringement, especially if it involves counterfeiting or piracy.
How can I protect my intellectual property?
You can protect your IP by registering trademarks, copyrights, and patents, and by using non-disclosure agreements.
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