Swatch seeks $170 million in damages from Samsung over trademark infringement
June 26 (Reuters) - Swiss watchmaker Swatch is seeking $170 million in damages from Samsung in what it says is the largest-ever trademark case of its kind in th
June 26 (Reuters) - Swiss watchmaker Swatch is seeking $170 million in damages from Samsung in what it says is the largest-ever trademark case of its kind in the UK, accusing the South Korean electronics group of allowing digital replicas of Swatch timepieces on its smartwatches, court documents show.
How did Samsung allegedly infringe on Swatch trademarks?
Why hasn't Swatch entered the smartwatch market directly?
What broader challenges do smartwatches pose to Swiss watchmakers?
What is Swatch seeking from Samsung in damages?
A ruling on damages is expected soon following the conclusion of a trial on Friday, after London's High Court found Samsung liable for trademark infringement in 2022 over third-party apps available on its smartwatches.
The apps enabled users to replicate popular models by Swatch-owned brands, including luxury labels Omega and Tissot.
The case, which began in 2019 before Britain completed its exit from the European Union, also covers alleged infringement within the bloc. The forthcoming ruling could also pave the way for a parallel claim by Swatch against a Samsung subsidiary in the United States.
A June 19 filing by solicitors representing Swatc
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/swatch-claiming-170-million-damages-095448848.html)
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