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Samsung Ordered To Pay The Swatch Group US$11.6 Million In Damages For Trade Mark Infringement
The High Court has awarded the Swatch Group US$11.6 million in negotiation damages against Samsung for trade mark infringements involving watch face apps on the Galaxy App store. Rejecting both parties' extreme valuations of US$170 million and US$301, the court established important principles for assessing damages when brand owners don't license their marks and no comparable market royalties exist.
Mishcon de Reya