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Stock impact report

Toymaker Lego wins court case against Chinese copycats [MSN Money]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: MSN Money
© Reuters/Jason Lee Children look at Lego boxes at a Lego store in Beijing COPENHAGEN (Reuters) - Lego has won another case against imitators in China where copies of its colorful plastic toy bricks and figures have been a recurrent problem, the Danish toymaker said on Monday. In a landmark case last year Lego for the first time succeeded in a copyright competition case in China, where it seeks a bigger slice of a $31 billion toys and games market. We believe these decisions are well-founded in the facts and the law, and clearly demonstrate the continued efforts of Chinese authorities to protect intellectual property, Lego Chief Executive Niels B. Christiansen said in a statement. The Guangzhou Yuexiu District Court ruled that four companies had infringed multiple copyrights of the LEGO Group and conducted acts of unfair competition by producing and distributing LEPIN building sets, Lego said. The court ordered that the companies immediately ceased producing, selli Show less Read more
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