(From Business Daily Update)
Headline: Customs nips first Games IPR violation
Shanghai customs recently confiscated a batch of padlocks illegally using the name "OLYMPIC" and the Five Olympic Rings.
According to Shanghai Customs, the padlocks, totalling 650 boxes and valued at around US$10,000, came from Xiaoshan in East China's Zhejiang Province, and were for export to the United Arab Emirates.
This is the first case of suspected infringement on intellectual property rights (IPR) of Olympic symbols filed by the customs since the State Council enacted the Regulations on the Protection of Olympic Symbols on April 1, 2002, …