In the last year, Mexico has approved the Madrid Protocol, agreed to sign the Anti-Counterfeiting Trade Agreement (ACTA), introduced new data privacy laws and implemented guidelines on comparative advertising - to name just a few major IP changes. In addition, the country recently elected a new president, which means the head of the Mexican Patent and Trademark Office (IMPI) will change, and there may be new approaches by the government on many issues that affect IP
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If 2024 is anything to go by, the next 12 months could see more IP firms seek investment opportunities while IP lawyers are increasingly likely to work alongside other functions