Costco Ordered to Pay 200M Won for IP Infringement

SEOUL, Feb. 2 (Korea Bizwire) — Membership-only warehouse Costco has been fined 200 million won for selling goods with an appearance similar in design to copyrighted items. On February 1, a Seoul district court pronounced its verdict, stating that Costco had infringed on the design rights of holder and plaintiff Kwon, and ordered the company [...]