The “Interpretation of Supreme People's Court on the Application of Punitive Damages in Hearing Civil Cases of Infringement upon Intellectual Property Right” has been implemented on March 3, 2021
In recent years, the revised “Trademark Law”, “Copyright Law”, and “Patent Law” have added punitive damages clauses and raised the upper limit of statutory damages. However, the guidance on applying punitive damages clauses is not clear. On March 2, 2021, the Supreme People’s Court issued the “Interpretation of Supreme People’s Court on the Application of Punitive Damages in Hearing Civil Cases of Infringement upon Intellectual Property Right ” (Fa Shi [2021] No. 4, hereinafter referred to as “Interpretation of Punitive Damages”), which has been implemented on March 3, 2021. The “Interpretation of Punitive Damages” has 7 articles, and the key…