Arbitration in Intellectual Property Disputes
Keywords:
Alternative, Dispute, intellectual property, comprehensive look, confidentialityAbstract
This study delves into the rising trend of employing alternative dispute resolution (ADR) mechanisms, including arbitration, to address intellectual property (IP) disputes. Given the traditional court system’s limitations, ADR offers a more flexible and private avenue for conflict resolution. Arbitration, in particular, stands out due to its benefits, such as specialized expertise, confidentiality, and promptness. However, challenges persist, including concerns about consistent decision-making and the balance between transparency and secrecy. This discussion provides a comprehensive look into the merits and complexities of using arbitration as a primary method for amicably and efficiently settling intricate IP disputes.
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