Addressing IP infringement involves several steps:
1. Monitoring: Regularly monitor the market and competitors for potential infringements. 2. Legal Action: Initiate legal proceedings against infringers. This may include sending cease-and-desist letters or filing lawsuits. 3. Alternative Dispute Resolution: Consider mediation or arbitration as alternatives to litigation. 4. Collaboration: Collaborate with industry consortia to address common IP challenges and establish best practices.
