This is a rundown of last week’s news updates on eCommerce & Licensing:
Amazon’s largest seller to stop operations in India
Cloudtail India is a wholly owned subsidiary of Prione Business Services, which was in a joint venture with Amazon and Nagavara Ramarao Narayan Murthy’s Catamaran Ventures. The joint partners have decided not to renew their seven-year-old partnership with Cloudtail India, which ends on May 19, 2022. This decision comes at a time when the surveillance of the operations of foreign…
Over the years, the copyright law was amended several times to achieve different objectives ranging from inclusion of new works and rights to protecting interests of authors. One of the amendments to Indian copyright law in 1994 related to creating an exclusive business zone for copyright societies, whose objective is to manage works of authors, publishers and owners and facilitate ease of licensing and royalty sharing. The amendment provided in Section 33 of the Copyright Act that only copyright societies…