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Competition law, known in the United States as antitrust law, has three main elements: prohibiting agreements or practices that restrict free trading and competition between business entities. This includes in particular the repression of cartels. banning abusive behaviour by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant […]

Investment Dictionary: Rescission The right of an individual involved within a contract to return to the identical state as before they entered into the agreement, due to courts not recognizing the contract as legally binding. Investopedia Says: This is an important factor in the business world, as contracts are commonplace. Should a contract not be […]

Tort law is the name given to a body of law that creates, and provides remedies for, civil wrongs that do not arise out of contractual duties. A person who is legally injured may be able to use tort law to recover damages from someone who is legally responsible, or “liable,” for those injuries. Generally […]

Patent invalidity is when a prior art surfaced similar to the invention being applied for patent. Patent invalidity does not automatically happen if there are patents similar to the invention; however it is difficult to obtain a patent if there are identical patents to their invention. Patent search could help prevent patent invalidity of an […]

DATA UNIVERSAL NUMBERING SYSTEM (DUNS) The Data Universal Numbering System, abbreviated as DUNS or D-U-N-S is a system developed and regulated by Dun & Bradstreet (D&B) which assigns a unique numeric identifier to a single business entity. This numeric identifier is then referred to as a DUNS number. It was introduced in 1963 to support […]

Book Title: China Streetsmart: What You MUST Know to be Effective and Profitable in China (Paperback) by John Chan (Author) Editorial Reviews: Book Description Learn how to set up and run profitable businesses in the most alluring market, China. Stays away from theories and focuses on practical advice from real professionals with proven results in […]