Canon U.S.A., Inc. Is Successful Against eBay Counterfeiter

Rhea-AI Summary

Canon U.S.A., Inc. announced a successful legal action against a Texas seller of counterfeit Canon batteries and power supplies. The seller paid a substantial settlement and agreed not to infringe on Canon's trademarks in the future. This effort is part of Canon's ongoing initiative to protect consumer health and safety from counterfeit products. Canon continues to aggressively fight against counterfeiters worldwide to maintain its brand integrity and customer trust.

Positive

• The seller paid a significant settlement to Canon, reinforcing the value of its trademarks.
• Canon's proactive measures enhance consumer safety and trust in its products.
• Canon's ongoing efforts against counterfeit products uphold its brand reputation.

Negative

• None.

MELVILLE, N.Y., Feb. 14, 2022 /PRNewswire/ -- Canon U.S.A., Inc. and its parent company, Canon Inc. of Japan, are pleased to announce that the companies have succeeded in stopping the sale and distribution of counterfeit Canon batteries and power supplies by a seller in Texas.  As part of the resolution, the seller paid a significant amount of money to Canon for his unlawful activities and signed a sworn agreement that he would not counterfeit or infringe Canon's trademarks in the future. 

The action against an online seller of counterfeit Canon products located in Texas resulted from Canon's investigation into the seller's distribution of counterfeit Canon camera batteries on eBay, and is part of Canon's ongoing efforts to protect Canon consumers' health and safety from counterfeit products. Upon being confronted with the evidence, the seller agreed to resolve the matter without litigation.  The Canon companies are represented by Mark Schonfeld of Burns & Levinson LLP of Boston, MA and Joseph F. Colvin of Hughes Watters Askanase of Houston, TX.

Canon aggressively pursues counterfeiters in the United States and around the world to protect its customers from spurious and potentially unsafe products which unlawfully use the Canon name, as well as to protect the value, trusted reputation, and loyalty that the Canon brand has acquired over decades in producing high-quality, safe, and reliable products. 

For more information about Canon's anti-counterfeiting measures, please visit https://global.canon/en/intellectual-property/anti-counterfeit/.

About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.6 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), as of 2021 has ranked in the top-five overall in U.S. patents granted for 36 consecutive years† and was one of Fortune Magazine's World's Most Admired Companies in 2022. Canon U.S.A. was featured in Newsweek's Most Loved Workplaces list for 2021, ranking among the top 100 companies for employee happiness and satisfaction at work. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA. 

† Number of patents for 2021 are based on figures released by IFI CLAIMS Patent Services. Figures for 2005 to 2020 are based on information issued by the United States Patent and Trademark Office.

Editorial Contact:
Logan Crawford
Canon U.S.A., Inc.
631-487-3069
Lcrawford@cusa.canon.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/canon-usa-inc-is-successful-against-ebay-counterfeiter-301481934.html

SOURCE Canon U.S.A., Inc.

FAQ

What action did Canon U.S.A. take against counterfeit products on eBay?

Canon U.S.A. successfully stopped a Texas seller from selling counterfeit batteries and power supplies, resulting in a substantial settlement.

How does Canon protect its customers from counterfeit products?

Canon aggressively pursues counterfeiters, ensuring consumer safety and maintaining its brand integrity.

What is the significance of the settlement paid by the Texas seller to Canon?

The settlement underscores Canon's commitment to protecting its trademarks and consumer safety.

When was this press release issued?

The press release was issued on February 14, 2022.

What is Canon's global revenue mentioned in the press release?

Canon's global revenue is approximately $30.6 billion.

What is Canon's stock symbol?

Canon's stock symbol is CAJ.