_HOME_BREW_WALLACE_
Professional Drunken Yahoo!
- Joined
- 30/6/09
- Messages
- 1,365
- Reaction score
- 68
Hey folks,
I have been cracking away with some serious thoughts in the last 2 months. Before i start thinking anymore into this venture i need to ask if anyone knows the laws on modifying someone else's product and re-badging it as my own.
Completely irrelevant example:
I was to buy a cheap ****** car from china, usa, ect Import it to Australia and entirely change the runnings of the car. Give it a more powerful engine, make it handle, perform and stop better, FWD to RWD...... ect, (you get the picture.) and rebadge it the "wallaceinator" and sell it for profit.
Surely i would have to pay the OEM some sort of royalties for using their product as the base for mine? Yes/No?
I have been cracking away with some serious thoughts in the last 2 months. Before i start thinking anymore into this venture i need to ask if anyone knows the laws on modifying someone else's product and re-badging it as my own.
Completely irrelevant example:
I was to buy a cheap ****** car from china, usa, ect Import it to Australia and entirely change the runnings of the car. Give it a more powerful engine, make it handle, perform and stop better, FWD to RWD...... ect, (you get the picture.) and rebadge it the "wallaceinator" and sell it for profit.
Surely i would have to pay the OEM some sort of royalties for using their product as the base for mine? Yes/No?