Litigation
Nov. 10, 2010
High Court Debates Gray Market Sales
The U.S. Supreme Court grappled Monday over whether copyright laws prohibit Costco Wholesale Corp. from selling luxury watches it obtained on the so-called grey market.
Daily Journal Staff Writer
WASHINGTON - The U.S. Supreme Court grappled Monday over whether copyright laws prohibit Costco Wholesale Corp. from selling luxury watches it obtained on the so-called gray market, in which companies acquire for resale billions of dollars in merchandise that's legally made but not intended for sale in the United States.
The 9th U.S. Circuit Court of Appeals ruled that Costco could not sell lu...
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